Taxation

"It used to be that asking how much the wars cost was unpatriotic."

True cost of Afghan, Iraq wars is anyone’s guess
By Nancy A. Youssef | McClatchy Newspapers

WASHINGTON — When congressional cost-cutters meet later this year to decide on trimming the federal budget, the wars in Afghanistan and Iraq could represent juicy targets. But how much do the wars actually cost the U.S. taxpayer?

Nobody really knows.

Yes, Congress has allotted $1.3 trillion for war spending through fiscal year 2011 just to the Defense Department. . .

But all those numbers are incomplete. Besides what Congress appropriated, the Pentagon spent an additional unknown amount from its $5.2 trillion base budget over that same period. According to a recent Brown University study, the wars and their ripple effects have cost the United States $3.7 trillion, or more than $12,000 per American.

Categories: Taxation

1 reply »

  1. War budgets in the good 'ol USA are sacrosanct.!

    Imagine what all the private tendered contracts are worth? Like health insurers, you just can't stop the gravy train to the elite.
    That is what the war budget is for. Not freedom and security, that is just the sales job.

    Like

Leave a reply but be on topic and civil.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s