Price of US Wars: $1 Trillion and RisingPosted: January 27, 2010
Jan. 26, 2010 – Antiwar.com
The Congressional Budget Office’s newly released budget outlook notes that Congress has approved over $1 trillion in direct spending on wars and war-related activities since 2001, and that price tag is only getting higher as the wars drag on.
The spending was divided between $708 billion for the Iraq War, $345 billion for the Afghan War, and $22 billion for assorted other war activities in other countries. The Obama Administration’s repeated projections of a lower budget output for wars in coming years aside, they show no sign of slowing.