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How much will our wars cost? Report says $4 trillion
http://news.yahoo.com/blogs/lookout/much-wars-cost-report-says-4-trillion-130934180.html
A new report out of Brown University estimates that the U.S. wars in Afghanistan and Iraq--together with the counterinsurgency efforts in Pakistan--will, all told, cost $4 trillion and leave 225,000 dead, both civilians and soldiers.
The group of economists, anthropologists, lawyers, humanitarian personnel, and political scientists involved in the project estimated that the cost of caring for the veterans injured in the wars will reach $1 trillion in 30 or 40 years. In estimating the $4 trillion total, they did not take into account the $5.3 billion in reconstruction spending the government has promised Afghanistan, state and local contributions to veteran care, or the costs of Medicare for veterans when they reach 65. The Congressional Budget Office, meanwhile, has assessed the federal price tag for the wars at $1.8 trilling through 2021.
More than 6,000 U.S. troops and 2,300 contractors have died since the wars began after Sept. 11. A staggering 550,000 disability claims have been filed with the VA as of 2010. Meanwhile, 137,000 civilians in Afghanistan and Iraq have died in the conflict. (Injuries among U.S. contractors have also not yet been made public, further complicating the calculations of cost.)
The researchers recommend that the U.S. government be more transparent in disclosing the costs of its wars to taxpayers, by including the costs of future health care for veterans, the cost of paying interest on debt taken out to fund the wars, and estimating how much state and local governments take on in war costs.
A new report out of Brown University estimates that the U.S. wars in Afghanistan and Iraq--together with the counterinsurgency efforts in Pakistan--will, all told, cost $4 trillion and leave 225,000 dead, both civilians and soldiers.
The group of economists, anthropologists, lawyers, humanitarian personnel, and political scientists involved in the project estimated that the cost of caring for the veterans injured in the wars will reach $1 trillion in 30 or 40 years. In estimating the $4 trillion total, they did not take into account the $5.3 billion in reconstruction spending the government has promised Afghanistan, state and local contributions to veteran care, or the costs of Medicare for veterans when they reach 65. The Congressional Budget Office, meanwhile, has assessed the federal price tag for the wars at $1.8 trilling through 2021.
More than 6,000 U.S. troops and 2,300 contractors have died since the wars began after Sept. 11. A staggering 550,000 disability claims have been filed with the VA as of 2010. Meanwhile, 137,000 civilians in Afghanistan and Iraq have died in the conflict. (Injuries among U.S. contractors have also not yet been made public, further complicating the calculations of cost.)
The researchers recommend that the U.S. government be more transparent in disclosing the costs of its wars to taxpayers, by including the costs of future health care for veterans, the cost of paying interest on debt taken out to fund the wars, and estimating how much state and local governments take on in war costs.
Libya has cost us money so far...It's been reported to be about 600 million from March 19 to April 4..
Oh, gotcha. I was under the impression that all of those drone runs and missles costed something.... silly right winger that I am.
As we don't have any "boots on the ground" in Libya, it's not costing us anything.
Libya is free.
Libya is free.
Why was Libya left out of this study? Is there not a cost to this military endeavor? You can't say it was a UN sanctioned exercise because there are UN troops in both Iraq and Afghanistan.... Interesting, or perhaps not considering that modern day academia was behind the research.
This is a major reason why our deficit is outrageous..I don't know why there was ANY support for the war..Yes we had to do something to protect ourselves but obviously this didn't help.....
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