TV News LIES

Sunday, Dec 17th

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.

More...


Most Recent Related Stories...


US-led coalition says its strikes have killed 800 Iraqi and Syrian civilians

US admits killing 800 civilians in Iraq and Syria The American-led coalition battling Islamic State has said at least 800 civilians have been killed in...

Soldier killed in Niger may have been bound and executed

Sgt. La david Johnson bound and executed in Niger A US soldier killed during an ambush in Niger was discovered by villagers with his arms...

Strong Evidence that U.S. Special Operations Forces Massacred Civilians in Somalia

US special ops involved in massacre of Somali civliansIt was around five in the morning when Abdullahi Elmi heard the gunfire. Sitting in his...

CIA releases trove of documents from Bin Laden raid

Mike Pompeo releses Bin Lauden documentsThe US Central Intelligence Agency (CIA) has released 470,000 files that were captured during the raid...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!