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Letter from Donald B. Marron, Acting Director CBO to Kent Conrad including report: Paying for Iraq's Reconstruction: An Update [i] (December 2006)

handle is hein.congrec/cbo9748 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE U.S. Congress Washington, DC 20515 December 8, 2006 Honorable Kent Conrad Ranking Member Committee on the Budget United States Senate Washington, DC 20510 Dear Senator: In response to your request, the Congressional Budget Office (CBO) has updated the analysis in its January 2004 paper Paying for Iraq 's Reconstruction. Since 2003, the U.S. government has provided almost $38 billion to support reconstruction efforts in Iraq. Other nations have pledged about $15 billion in assistance. This update examines the key resource issues related to Iraq's recovery, including the country's overall fiscal position, potential oil revenues, and international obligations, as well as the status of U.S. efforts to help rebuild Iraq. In keeping with CBO's mandate to provide objective, impartial analysis, this update makes no recommendations. The attachment to this letter describes the analysis by CBO's National Security Division. If you would like further details, we would be pleased to provide them. The analysis was prepared by Eric J. Labs, who can be reached at (202) 226-2920. Donald B. Marron Acting Director cc: Honorable Judd Gregg Chairman Attachment www.cbo.gov

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