Thursday, Mar 22nd

Last update05:20:13 AM GMT

You are here News War Report: Iraq, Afghanistan Wars Cost US Nearly $4 Trillion

Report: Iraq, Afghanistan Wars Cost US Nearly $4 Trillion

E-mail Print PDF

Cost of US wars at 4 trillionA new report issued by Brown University says the cost of America’s wars in Iraq and Afghanistan - and operations in Pakistan - will cost the country nearly $4 trillion. The report's total is more than three times higher than U.S. President Barack Obama’s estimate in a recent speech.

When Obama recently announced a drawdown of U.S. troops from Afghanistan, he said America's wars have cost the country $1 trillion dollars. But a report by Brown University’s Watson Institute for International Studies estimates the total cost at $3.7 trillion.

The study includes spending on wars in Iraq and Afghanistan, as well as operations in Pakistan. Catherine Lutz is one of the study’s co-authors.

“The reasonable estimate is approximately $4 trillion for the war, up to... today and including some of the future costs that we are obligated to pay for veterans care," said Lutz. "In addition, another $1 trillion in interest payments on the debt, we estimate will be required through 2020.”

Lutz said costs such as long-term care of wounded veterans, and projected war spending from 2012 through 2020, were included in the figures. Report co-author, Boston University Political Science Professor Neta Crawford, said other costs include lost opportunities because money was spent on war materiel.


Most Recent Related Stories...

Civilian victims of Afghan war exceed 10,000 in 2017

Civilians victims of Afghanistan Afghanistan suffered more than 10,000 civilian casualties in 2017, as deadly suicide and complex attacks killed...

U.S. service member killed, four wounded in Afghanistan

US serviceman killed, four wounded in AfganistanOne U.S. service member was killed and four others wounded during a “combat engagement” in the...

Deadly mosque blast hits Libya's Benghazi

Benghazi mosque bomb blastAt least two people have been killed and more than 50 wounded in a bombing at...

UNICEF: Children suffer at shocking scale in conflicts

UNICEF: Children suffer at shocking scale of war Children in conflict zones around the world suffered "at a shocking scale" in 2017 as they...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!