Use money saved from Afghan war to pay debt: Obama

Last Updated: Saturday, May 5, 2012 - 15:31

Washington: US President Barack Obama on Saturday said that the money saved from early pull back of forces from Afghanistan should be used to pay down the debt and rebuild the economy.

In his weekly address to the nation, Obama, who early this week made a surprise trip to this war torn country, said the tide of war has turned in Afghanistan.

"Because of the progress we have made, I was able to sign an historic agreement between the United States and Afghanistan that defines a new kind of relationship between our countries, a future in which Afghans are responsible for the security of their nation, and we build an equal partnership between two sovereign states; a future in which the war ends, and a new chapter begins," he said.

Obama said as the American troops returns from Afghanistan, the country should spend the money thus saved in rebuilding the economy and paying its huge debts.

"I`ve called on Congress to take the money we’re no longer spending at war, use half of it to pay down our debt, and use the other half to rebuild America," he said.

"Because we`ve got more jobs to create, more students to educate, more clean energy to generate, more entrepreneurs with the next great idea, just looking for their shot at success. We`ve got to invest in things like education and medical research," Obama said.
"We`ve got to build newer, faster transportation and communication networks. And we`ve got to secure the care and benefits our veterans have earned, so that we serve them as well as they have served us," he said.
"Every time I have the privilege of meeting with our troops, I`m struck by their courage, their commitment, their selflessness, and their teamwork. They have something to teach us. Recovering from the worst economic crisis since the Great Depression is a work in progress? but if we follow their example, then I have no doubt we will preserve the promise of this country, protect the freedoms we cherish, and leave for our children an America that`s built to last," Obama said.


First Published: Saturday, May 5, 2012 - 15:31

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