Bush OKs Funds for KEDO Expenses, but Not for LWR Project

By Keith Costa / September 16, 2003 at 5:00 AM
President Bush yesterday waived a congressional restriction on funding for the Korean Peninsula Energy Development Organization, a New York-based group that is building two light-water nuclear reactors (LWRs) in North Korea. The fiscal year 2003 Omnibus Appropriations Act allows the president to give up to $5 million to KEDO for administrative expenses if he concludes the money is needed to promote national security. On Sept. 15, Bush made that determination, but approved only $3.72 million for the organization. Lawmakers and...

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