Defense Policy Bill

Posted at 4:29pm on Dec. 28, 2007 President Bush To Veto Defense Policy Bill

By California Yankee

President Bush will veto the U.S. defense policy bill because it would derail Iraq's efforts to rebuild its country:

Mr. Bush's action, which apparently caught congressional leaders off guard, centers on one provision in the legislation dealing with Iraqi assets. The legislation would permit plaintiffs' lawyers immediately to freeze Iraqi funds and would expose Iraq to "massive liability in lawsuits concerning the misdeeds of the Saddam Hussein regime," said White House spokesman Scott Stanzel.

"The new democratic government of Iraq, during this crucial period of reconstruction, cannot afford to have its funds entangled in such lawsuits in the United States," Stanzel said in a statement.

Congress passed the defense bill two weeks ago.

Read on.

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