Wanderlust…

The International Reporting (and Life) Adventures of Vivian Salama

The Cost of Major U.S. Wars

Posted by vmsalama on August 24, 2008

I stumbled upon this report today and found it really interesting, particularly given the state of the US economy these days.  It is mind boggling to think how much money President Bush and his father spent alone on warfare —- all the while, the economy took a hit during both presidencies.  It is high time America stopped trying to fix the world and started working to fix itself!  

 

Costs of Major U.S. Wars 

Stephen Daggett – Specialist in Defense Policy and Budgets 

Foreign Affairs, Defense, and Trade Division 

 

 

Since the terrorist attacks of September 11, 2001, Congress has appropriated more than $800 billion for military operations in Afghanistan, Iraq, and elsewhere around the world, including $65 billion to cover costs for the first few months of FY2009. Almost as soon as the next Administration takes office, the military services are expected to submit requests for additional funds — quite possibly $100 billion or more — to cover costs of overseas operations and of repairing and replacing worn equipment through the remainder of the fiscal year. In the face of these rather substantial and growing amounts, a recurring question has been how the mounting costs of the nation’s current wars compare to the costs of earlier conflicts.

Click here to read more

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