December 31, 2017

The war on terror has cost $250 million a day for 16 years

International Business Times - American taxpayers have spent $1.46 trillion on wars abroad since September 11, 2001.

The Department of Defense periodically releases a “cost of war” report. The newly released version, obtained by the Federation of American Scientists Secrecy News blog, covers the time from the September 11th terrorist attacks through mid-2017.

The Afghanistan War from 2001 to 2014 and Iraq War from 2003 to 2011 account for the bulk of expenses: more than $1.3 trillion. The continuing presence in Afghanistan and aerial anti-ISIS operations in Iraq and Syria since 2014 have cost a combined $120 billion.

According to the Congressional Research Service, the only war in U.S. history to cost more than the Global War on Terror is World War II, at more than $4.1 trillion in present dollars. Direct war-related expenses from the Vietnam War cost $738 billion in today's dollars.

3 comments:

Anonymous said...

War economics ensure that US taxpayers spend the money that US oligarchs pocket.

Tom Puckett said...

What a waste...

To Sin is to miss the mark...

Let's weed out the bad archers so we can go, and sin no more...

Happy New Year, Tom

Anonymous said...

Was there any word on how much of each yearly military budget, that the military could not account for during that time?