The White House on 21 October said that it would consider vetoing its own $20,300 million Iraq reconstruction spending bill, if congress agrees to give half of the total amount in loans. 'If this provision is not removed, the president's senior advisors would recommend that he veto the bill,' said White House budget director Joshua Bolton. 'Including a loan mechanism slows efforts to stabilise the region - and impairs our ability to encourage other nations to provide badly needed assistance without saddling Iraq with additional debt.'