9/15/2002

“In September 2002, the president’s [Bush’s] chief economic adviser, Lawrence Lindsay, estimated that the costs of war with Iraq could be as high as $100 billion to $200 billion. The administration was quick to dismiss Lindsay’s estimates. Mitch Daniels, Director of the Office of Management and Budget, discounted Lindsay’s statement as ‘very likely very high.’ Instead, administration officials spoke of figures in the region of $50 billion.” [The 15th of the month used for date sorting purposes only.]

 – Stefan Halper and Jonathan Clarke, America Alone, Page 224