The Washington Post reports:
"With the expected passage this spring of the largest emergency spending bill in history, annual war expenditures in Iraq will have nearly doubled since the U.S. invasion, as the military confronts the rapidly escalating cost of repairing, rebuilding and replacing equipment chewed up by three years of combat.
The cost of the war in U.S. fatalities has declined this year, but the cost in treasure continues to rise, from $48 billion in 2003 to $59 billion in 2004 to $81 billion in 2005 to an anticipated $94 billion in 2006, according to the Center for Strategic and Budgetary Assessments. The U.S. government is now spending nearly $10 billion a month in Iraq and Afghanistan, up from $8.2 billion a year ago, a new Congressional Research Service report found."
Let me do the maths for you. The Iraq War, including the anticipated cost for 2006, will have have cost the American people a staggering US$282 billion. Yep, you read that correctly!
Just pause for a moment and reflect on how that money might have been directed to positive causes.....eradicating disease and hunger as a starter!
Read the complete Washington Post article here.
"With the expected passage this spring of the largest emergency spending bill in history, annual war expenditures in Iraq will have nearly doubled since the U.S. invasion, as the military confronts the rapidly escalating cost of repairing, rebuilding and replacing equipment chewed up by three years of combat.
The cost of the war in U.S. fatalities has declined this year, but the cost in treasure continues to rise, from $48 billion in 2003 to $59 billion in 2004 to $81 billion in 2005 to an anticipated $94 billion in 2006, according to the Center for Strategic and Budgetary Assessments. The U.S. government is now spending nearly $10 billion a month in Iraq and Afghanistan, up from $8.2 billion a year ago, a new Congressional Research Service report found."
Let me do the maths for you. The Iraq War, including the anticipated cost for 2006, will have have cost the American people a staggering US$282 billion. Yep, you read that correctly!
Just pause for a moment and reflect on how that money might have been directed to positive causes.....eradicating disease and hunger as a starter!
Read the complete Washington Post article here.
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