And now you and I get to pay for it.
You expecting a tax increase?
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Tax increase or not, we will all pay for this bailout, because if taxes are not increased, they will just print more money, and your dollars will be worth even less. Inflation is the other way the taxpayers get hit for borrow and squander GOP incompetence.
The Euro was about 90¢ in 2000. Now it's around $1.40. That extra 40¢ is what Iraq cost you. You can expect $1.80 to the Euro if taxes are not raised.
For the economically feeble-minded, think $8.00 Big Mac.