News
 International
   Global Views
   Asia-Pacific
   America
   Europe
   Middle East & Africa
 National
 Embassy News
 Arts & Living
 Business
 Travel & Hotel
 Medical Tourism New
 Taekwondo
 Media
 Letters to Editor
 Photo Gallery
 News Media Link
 TV Schedule Link
 News English
 Life
 Hospitals & Clinics
 Flea Market
 Moving & Packaging
 Religious Service
 Korean Classes
 Korean Weather
 Housing
 Real Estate
 Home Stay
 Room Mate
 Job
 English Teaching
 Translation/Writing
 Job Offered/Wanted
 Business
 Hotel Lounge
 Foreign Exchanges
 Korean Stock
 Business Center
 PR & Ads
 Entertainment
 Arts & Performances
 Restaurants & Bars
 Tour & Travel
 Shopping Guide
 Community
 Foreign Missions
 Community Groups
 PenPal/Friendship
 Volunteers
 Foreign Workers
 Useful Services
 ST Banner Exchange
  America
US Congressman Sherman Disputes Estimates of Libyan Operations
Urges Gaddafi’s Money Be Used to Offset Costs
US Congressman Brad Sherman

Washington DC – Congressman Brad Sherman today released a statement on the death of the Libyan dictator Muammar Gaddafi, and plans to introduce legislation that would use Gaddafi’s frozen assets to pay for US military actions in Libya.

“The people of Libya can breathe easier knowing that a cruel despot, who ruled over them for 42 years with an iron fist, has died,” said Sherman. “American forces should be commended for their successful contributions to the military operations in Libya.

However, American taxpayers should not be on the hook when some $30 billion is available to pay for the cost of military operations and whatever technical assistance the Libyan transitional government needs.”

“In February 2011, the US treasury froze nearly $30 billion of money that Gaddafi had invested in the United States,” continued Sherman. “These funds should be used to compensate the American taxpayer for US military operations in Libya and to provide assistance to the Libyan transitional government.”

According to the Pentagon, the Defense Department spent roughly $1.1 billion on the operation from April 1 to Sept. 30. Sherman strongly disputes this $1.1 billion dollar estimate, which does not include the cost of major operations beginning in March when operations were most intense.

According to the Department of Defense, U.S. military operations from March 19 to March 29, cost $550 million, not including an F-15E aircraft that was destroyed during a mission.

“These figures likely represent only the marginal cost, which drastically underestimates the full expense of the Libyan Operation,” said Sherman. “The Pentagon’s estimate does not even include the cost of salaries paid to pilots flying over Libya. A calculation of the full costs, including some portion of the fixed costs of maintaining the world’s finest military, would likely yield a much higher amount – closer to $3 billion. Whatever the actual cost, we should see reimbursement from these frozen funds.”

“I plan to introduce legislation that would do just that - use Gaddafi’s funds to reimburse the American taxpayer the full cost of U. S. military actions in Libya.”

Since April, Congressman Sherman has repeatedly urged that the $30 billion of frozen funds be used to defray the cost of U.S. military actions benefiting the Libyan people.

Contact:
Matthew Farrauto
Senior Advisor and Communications Director
U.S. Congressman Brad Sherman
2242 Rayburn House Office Building
Washington, DC 20515
(202) 225-5911
Direct: (202) 226-8434



Related Articles
    Help South Korea, Not the North
    "US FTA with S. Korea Will Benefit N. Korea"
    Statement of Congressman Brad Sherman on ...


 

back

 

 

 

The Seoul Times Shinheungro 25-gil 2-6 Yongsan-gu, Seoul, Korea 04337 (ZC)
Office: 82-10-6606-6188 Email:seoultimes@gmail.com
Copyrights 2000 The Seoul Times Company  ST Banner Exchange