Cabinet seeks NT$610.8bn to purchase arms from US - TW

[dArKeR]

By Ko Shu-ling
STAFF REPORTER , WITH AP
Thursday, Jun 03, 2004,Page 1

The Cabinet yesterday approved a special budget of NT$610.8 billion (US$18.25 billion) for procuring arms from the US.

The draft bill must still be reviewed and approved by the legislature.

The money is to be spent over the next 15 years. While NT$412 billion would be marked for eight diesel-electric submarines, NT$145 billion would be allocated for six Patriot anti-missile systems and NT$53 billion for 12 P-3C anti-submarine aircraft.

While the Cabinet plans to issue bonds to raise NT$420 billion, NT$100 billion would come from selling public lands owned by the Ministry of Defense and NT$94 billion from selling shares of state-owned enterprises.

http://www.taipeitimes.com/News/front/archives/2004/06/03/2003158008

Bush attacking China would have done a million times more to protect America's national security than butchering Iraq.

[Kagemusha]

1. I sympathize, but China as a failed state? Iraq x10, maybe x20.

I mean, I don't know if it's in the US' best interests to do all it can to make regime change happen in Mainland China, long term.