The costs of war in Iraq and Afghanistan will total $907 billion by the end of 2009.
The breakdown is as follows:
Iraq = $658 billion (2003-2009) plus $52 billion Supplemental (2009)
Total to be spent on Iraq up till end of 2009 = $710 billion
That’s a total of $130 billion average per year over 7 years.
Afghanistan = $172 billion (2001- 2009) plus $25 billion Supplemental (2009)
Total to be spent on Afghanistan up till end of 2009 = $197 billion
That’s a total of $25 billion average per year over 8 years.
The total amount spent on the wars of Iraq and Afghanistan from 2001 – 2009 will be $907 billion.
That’s an average of $113.3 billion per year for both wars.
Compare that to the first six months of the Obama Administration which is going to have a deficit of $1.6 trillion and counting.
Facts were gleaned from the National Priorities Project.
Information compiled by Chuck Lehmann