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Economy
In reply to the discussion: Weekend Economists Light the Candles December 19-21, 2014 [View all]xchrom
(108,903 posts)49. Wars’ Cost to U.S. Since the Sept. 11 Attacks: $1.6 Trillion
http://www.bloomberg.com/news/2014-12-19/wars-cost-to-the-u-s-since-the-sept-11-attacks-1-6-trillion.html
The wars in Iraq and Afghanistan and counterterrorism operations have cost the U.S. a combined $1.6 trillion since the Sept. 11 terrorist attacks, according to a new Congressional Research Service analysis.
Through fiscal 2014, which ended in September, Congress approved $815 billion for warfare in Iraq, $686 billion for Afghanistan and other operations against terrorism, $81 billion for other war-designated spending and $27 billion for Operation Noble Eagle air patrols over the U.S., according to the report posted on the agencys internal website. The total includes $297 billion spent on weapon procurement and war repairs.
The assessment is the agencys first full update of war costs since March 2011. About 92 percent of the funds went to the Pentagon, followed by the State Department and the Department of Veterans Affairs. It includes war operations, training and equipping Iraqi and Afghan forces, diplomatic operations and medical care for wounded Americans over the past 13 years, the agency said in the report dated Dec. 8. It also includes most reconstructions costs.
The wars in Iraq and Afghanistan and counterterrorism operations have cost the U.S. a combined $1.6 trillion since the Sept. 11 terrorist attacks, according to a new Congressional Research Service analysis.
Through fiscal 2014, which ended in September, Congress approved $815 billion for warfare in Iraq, $686 billion for Afghanistan and other operations against terrorism, $81 billion for other war-designated spending and $27 billion for Operation Noble Eagle air patrols over the U.S., according to the report posted on the agencys internal website. The total includes $297 billion spent on weapon procurement and war repairs.
The assessment is the agencys first full update of war costs since March 2011. About 92 percent of the funds went to the Pentagon, followed by the State Department and the Department of Veterans Affairs. It includes war operations, training and equipping Iraqi and Afghan forces, diplomatic operations and medical care for wounded Americans over the past 13 years, the agency said in the report dated Dec. 8. It also includes most reconstructions costs.
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