Monday, August 22, 2011

Total War Costs Over $3 Trillion


War Costs May Top $3.7 Trillion -- Detroit Free Press

WASHINGTON -- When congressional cost-cutters meet later this year to decide on trimming the federal budget, the wars in Afghanistan and Iraq could represent juicy targets. But how much do the wars actually cost U.S. taxpayers?

Nobody really knows.

Congress has allotted $1.3 trillion for war spending through fiscal year 2011 just to the Defense Department. Long Pentagon spreadsheets outline how much of that was spent on personnel, transportation, fuel and other costs. In a recent speech, President Barack Obama assigned the wars a $1-trillion price tag.

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My Comment: And the price tag keeps on going up.

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