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WASHINGTON — Lawmakers in both houses of Congress have introduced legislation to pay for the wars in Afghanistan and Iraq by using a method that’s a throwback to prior U.S. conflicts: war bonds.
Saying that it would “promote national shared sacrifice and responsibility,” the bill that Rep. Kendrick Meek, D-Fla., introduced Wednesday in the House would authorize the Treasury secretary to issue and sell war bonds to Americans to fund the wars.
Sen. Ben Nelson, D-Neb., filed companion legislation in the Senate earlier this week.
The United States last issued war bonds during World War II.
