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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-24-07 09:41 AM
Original message
Wars may cost $2.4 TRILLION, and counting...
Wars may cost $2.4T
Estimate covers Iraq, Afghanistan at cost of $8,000 per U.S. resident

By Ken Dilanian
USA TODAY

WASHINGTON — The cost of the wars in Iraq and Afghanistan could total $2.4 trillion through the next decade, or nearly $8,000 per man, woman and child in the country, according to a Congressional Budget Office estimate scheduled for release today.

A previous CBO estimate put the wars' costs at more than $1.6 trillion. This one adds $705 billion in interest, taking into account that the conflicts are being funded with borrowed money.

The new estimate also includes President Bush's request Monday for an additional $46 billion in war funding, said Rep. John Spratt, D-S.C., budget committee chairman, who provided the CBO's new numbers to USA TODAY.

Assuming that Iraq accounts for about 80% of that total, the Iraq war would cost $1.9 trillion, including $564 million in interest, said Thomas Kahn, Spratt's staff director. The committee holds a hearing on war costs this morning.

"The number is so big, it boggles the mind," said Rep. Rahm Emanuel, D-Ill.

more...

http://www.usatoday.com/printedition/news/20071024/1a_lede24_dom.art.htm
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-24-07 09:46 AM
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1. Remember how this war would "pay for itself"?
Just run that fucking quote with the picture of every fucking Republican candidate.
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_testify_ Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-24-07 09:51 AM
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4. I think they misspoke.
They meant to say, 'You'll pay for it yourself'.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-24-07 10:05 AM
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5. Don't forget the flowers and candy, too. Oh, and the gratefulness. nt
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LSK Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-24-07 09:47 AM
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2. WE COULD HAVE HAD UNIVERSAL HEALTHCARE
:grr: :grr: :grr:

:nuke:
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soothsayer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-24-07 09:50 AM
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3. ...and given every american a million dollars!
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