Connect with us

Hi, what are you looking for?

World

Since 9/11 U.S. has spent $1.6 trillion on war-making

The expenses include the following: “.. the cost of military operations, the training of security forces in Afghanistan and Iraq, weapons maintenance, base support, reconstruction, embassy maintenance, foreign aid, and veterans’ medical care, as well as war-related intelligence operations not tracked by the Pentagon. “
While the withdrawal of combat troops from Iraq and now most from Afghanistan have reduced expenses, funding continues at very high levels in spite of across-the-board spending cuts in March of 2013. The sequestration cuts came from the Defense Department’s regular peace-time budget. There is a separate budget for Overseas Contingency Operations (OCO) the new-fangled name adopted for the now out-of-fashion Global War on Terror:
A March 2011 Congressional report[186] estimated spending related to the war through fiscal year 2011 at $1.2 trillion, and that spending through 2021 assuming a reduction to 45,000 troops would be $1.8 trillion. A June 2011 academic report[186] covering additional areas of spending related to the war estimated it through 2011 at $2.7 trillion, and long term spending at $5.4 trillion including interest.

In the budget for 2015 the US Congress actually gave more for war-making activities than was requested by the Obama administration: “The Administration’s FY 2015 request of $71.4 billion should have set the bar for war spending, and appropriators even cut more than $4 billion from two initiatives in the request. Instead of using this $67 billion total, lawmakers increased war spending to $73.7 billion, nearly $7 billion above what otherwise would have been the case.”
The Congress is even more reluctant to cut military spending than the Obama administration.
The CRS estimate of costs does not include the costs of medical care for veterans who are disabled, and some other costs. Neta Crawford, of Boston University, puts the potential costs of both the Iraq and Afghanistan wars plus assistance to Pakistan since 2001 at $4.4 trillion. This includes $316 billion in interest costs plus another $1 trillion in costs for veteran’s care through 2054. The appended video shows the cost per day, hour, and even minute. Crawford’s paper on the costs can be found here.

Written By

You may also like:

Business

Meta's growth is due in particular to its sophisticated advertising tools and the success of "Reels" - Copyright AFP SEBASTIEN BOZONJulie JAMMOTFacebook-owner Meta on...

World

The world's biggest economy grew 1.6 percent in the first quarter, the Commerce Department said.

World

Former US President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs - Copyright AFP PATRICIA DE...

Business

Electric cars from BYD, which topped Tesla as the world's top seller of EVs in last year's fourth quarter, await export at a Chinese...