AnalysisNorth America

Iraqi Oil Didn’t Pay For Rebuilding The Country, Russian Yachts Won’t Pay For U.S. War On Russia


In March of 2003, as the United States military prepared for its imminent invasion of Iraq, Paul Wolfowitz suggested to U.S. Congress members that the U.S. would not foot the bill for rebuilding Iraq after the devastation the U.S. invasion would bring to the country.

Wolfowitz, who was then then deputy secretary of defense, assured Congress members that Iraq, through its oil revenue, could pay for its own reconstruction.

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