Friday, July 10, 2009

The Costs of War - 2001 to 2009

The costs of war in Iraq and Afghanistan will total $907 billion by the end of 2009.

The breakdown is as follows:

Iraq = $658 billion (2003-2009) plus $52 billion Supplemental (2009)

Total to be spent on Iraq up till end of 2009 = $710 billion

That’s a total of $130 billion average per year over 7 years.

Afghanistan = $172 billion (2001- 2009) plus $25 billion Supplemental (2009)

Total to be spent on Afghanistan up till end of 2009 = $197 billion

That’s a total of $25 billion average per year over 8 years.

The total amount spent on the wars of Iraq and Afghanistan from 2001 – 2009 will be $907 billion.

That’s an average of $113.3 billion per year for both wars.

Compare that to the first six months of the Obama Administration which is going to have a deficit of $1.6 trillion and counting.

Facts were gleaned from the National Priorities Project.
http://nationalpriorities.org

Information compiled by Chuck Lehmann


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