Wednesday, October 24, 2007

The Cost of Irresponsibility: $2,400,000,000,000

Via Forbes.com.

The total cost, including debt servicing, of the US wars in Iraq and Afghanistan could reach $2.4 Trillion USD by 2017, a report by the Congressional Budget Office found.

The report, by the body which provides non-partisan budget analysis for Congress, said higher estimates for total spending for the wars could top out at $1.7 Trillion USD by 2017.

Under the most intense scenarios of US military activity, a further $705 Billion USD could be added to the cost by interest payments, assuming the wars continue to be largely financed by government borrowing, the report said.

More here.

Note: That makes it somewhere in the neighborhood of $8,000 for every man, woman and child in the U.S. Astoundingly irresponsible. - ferg

0 Comments:

Post a Comment

<< Home