Don’t miss the latest developments in business and finance.

Sending 30,000 US troops to Afghan to cost $30 bn

Image
Press Trust of India Washington
Last Updated : Jan 21 2013 | 12:54 AM IST

The US, which just pulled itself out of recession, would be spending a whopping $30 billion in the first year to foot the bill of 30,000 additional troops to Afghanistan, President Barack Obama said today and assured worried countrymen that he will work closely with Congress to cut the costs and budget deficit.

"The situation in Afghanistan has deteriorated," Obama said. "Our new commander in Afghanistan -- General (Stanley) McChrystal -- has reported that the security situation is more serious than he anticipated. In short: The status quo is not sustainable," he said.

In his 35-minute prime-time national address, he sought to convince an increasingly sceptical nation that resurgence of Taliban in Afghanistan and continued existence of al-Qaeda across the border in Pakistan were direct threats to the US.

"America -- we are passing through a time of great trial. And the message that we send in the midst of these storms must be clear: that our cause is just, our resolve unwavering," Obama, also the Commander-in-Chief of the US military, said at the elite US Military Academy, West Point in New York.

"Our new approach in Afghanistan is likely to cost us roughly $30 billion for the military this year, and I'll work closely with Congress to address these costs as we work to bring down our deficit," the US President said.

The US, world's largest economy, climbed out of recession as it grew by 3.5 per cent in the third quarter ending September 30 -- the first quarterly expansion in a year -- thanks to higher consumer and government spending among others.

Also Read

First Published: Dec 02 2009 | 6:30 PM IST

Next Story