How much do B’Obama’s wars cost? We don’t know…

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. There are long Pentagon spreadsheets that outline how much of that was spent on personnel, transportation, fuel and other costs. In a recent speech, President Barack Obama assigned the wars a $1 trillion price tag.

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.

Read more.

Leave a Reply

Your email address will not be published. Required fields are marked *