TV News LIES

Monday, Sep 15th

Last update03:18:10 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...


U.S. Inspector: Billions in failed programs wasted in Afghanistan

billions wasted in AfghanistanThe top U.S. official for monitoring aid to Afghanistan painted a grim portrait of the country’s...

Saving Iraqis the US left behind

Iraqis left behindAfter the U.S. invaded Iraq in 2003, Hakim, a 49-year-old Sunni Iraqi, helped the U.S. and...

US military deaths in Afghanistan at 2,199

Afghanisgtan - US war deadAs of Wednesday, August 13, 2014, at least 2,199 members of the U.S. military had died...

U.S. airstrikes underway in Iraq, destroying Islamic State artillery

US hits ISISThe Pentagon confirmed Friday that the U.S. military has begun "targeted" airstrikes against Islamic State terrorists...
 
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!