<\body> Stories in America: How Much Are We Spending in Iraq and Afghanistan?

Thursday, April 20, 2006

How Much Are We Spending in Iraq and Afghanistan?

The (nation building) party of fiscal spending is shelling out $10 billion a month in Iraq and Afghanistan:
Annual war costs in Iraq are easily outpacing the $61 billion a year that the United States spent in Vietnam between 1964 and 1972, in today's dollars. The Iraq invasion's "shock and awe" phase of high-tech laser-guided bombs, cruise missiles and stealth aircraft has long faded, but the costs of even those early months are just coming into view as the military confronts equipment repair and rebuilding costs it has avoided and procurement costs it never expected.

"We did not predict early on that we would have the number of electronic jammers that we've got. We did not predict we'd have as many (heavily) armored vehicles that we have, nor did we have a good prediction about what our battle losses would be," Army Chief of Staff Gen. Peter Schoomaker recently told the Senate Armed Services Committee.

"If you look at the earlier estimates of anticipated costs, this war is a lot more expensive than it should be based on past conflicts," said Steven Kosiak, director of budget studies for the Center for Strategic and Budgetary Assessments, an independent defense think tank.

The issue will be hotly debated next week when the Senate takes up a record $106.5 billion emergency spending bill that includes $72.4 billion for the wars in Iraq and Afghanistan. The House passed a $92 billion version of the bill last month that included $68 billion in war funding. That comes on top of $50 billion already allocated for the war this fiscal year.

6 Comments:

At 4/20/2006 4:17 PM, Anonymous timmy said...

Of course, what it costs you to pay Kobe Bryant has to be weighed against how much it would cost not to pay him. Google "war in iraq versus containment" and see what I mean....

 
At 4/20/2006 5:38 PM, Anonymous truthseeker said...

Um, so you're going to justify the waste and corruption in iraq because kobe bryant is paid ridiculous sums? Yeah, I see the connection.

 
At 4/20/2006 8:41 PM, Anonymous timmy said...

Guess I was being too subtle. The money that is being spent on the war has to be measured against how much it would have cost us had we not gone to war. Containment isn't free and depending on how it would be approached (the played out 4 different scenarios with various contingencies)it could reasonably be expected to cost $250 billion - $700 billion. You might have to pay Kobe Bryant $100 million a year, which may seem like a lot, but if you don't and still expect to win, you'll still have to pay other players to make up the difference. In other words...there's no such thing as a free lunch.

 
At 12/17/2007 7:40 PM, Anonymous ilovemen said...

i like guys and im a boy

 
At 7/30/2011 12:50 AM, Anonymous muebles madrid en stok said...

This can't work in reality, that's what I think.

 
At 8/06/2011 8:00 PM, Anonymous 3 button suit said...

America spend billions for this war.

 

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