The KGB Oracle Forums General Public Discussion (PUBLIC) The Pub THE TRUTH about the ground zero "Mosque"

Saying that the top rates were higher in years past to pay for wars is also somewhat disingenuous, as noone will argue that taxing to pay for necessary national defense is in any way equivalent to "social redistribution of wealth". You are comparing apples and oranges, and that line of attack does not hold merit.

Direct Iraq War costs:

As of February 2010, around $704 billion has been spent based on estimates of current expenditure rates[1], which range from the Congressional Research Service (CRS) estimate of $2 billion per week to $12 billion a month, an estimate by economist Joseph Stiglitz.[2]
Those figures are significantly more than typical estimates published just prior to the start of the Iraq War, many of which were based on a shorter term of involvement. For example, in a March 16, 2003 Meet the Press interview of Vice President Dick Cheney, held less than a week before the Iraq War began, host Tim Russert reported that "every analysis said this war itself would cost about $80 billion, recovery of Baghdad, perhaps of Iraq, about $10 billion per year. We should expect as American citizens that this would cost at least $100 billion for a two-year involvement."[3].
[edit]Appropriations
See also: Iraq Relief and Reconstruction Fund
FY2003 Supplemental: Operation Iraqi Freedom: Passed April 2003; Total $78.5 billion, $54.4 billion Iraq War
FY2004 Supplemental: Iraq and Afghanistan Ongoing Operations/Reconstruction: Passed November 2003; Total $87.5 billion, $70.6 billion Iraq War
FY2004 DoD Budget Amendment: $25 Emergency Reserve Fund (Iraq Freedom Fund): Passed July 2004, Total $25 billion, $21.5 billion (estimated) Iraq War
FY2005 Emergency Supplemental: Operations in the War on Terror; Activities in Afghanistan; Tsunami Relief: Passed April 2005, Total $82 billion, $58 billion (estimated) Iraq War
FY2006 Department of Defense appropriations: Total $50 billion, $40 billion (estimated) Iraq War.
FY2006 Emergency Supplemental: Operations Global War on Terror; Activities in Iraq & Afghanistan: Passed February 2006, Total $72.4 billion, $60 billion (estimated) Iraq War
FY2007 Department of Defense appropriations: $70 billion(estimated) for Iraq War-related costs[4][5]
FY2007 Emergency Supplemental (proposed) $100 billion
FY2008 Bush administration has proposed around $190 billion for the Iraq War and Afghanistan[6]
FY2009 Obama administration has proposed around $130 billion in additional funding for the Iraq War and Afghanistan.[7]
FY2011 Obama administration proposes around $159.3 billion for the Iraq and Afghanistan wars.[8]
[edit]Indirect and delayed costs
According to a Congressional Budget Office (CBO) report published in October 2007, the U.S. wars in Iraq and Afghanistan could cost taxpayers a total of $2.4 trillion dollars by 2017 when counting the huge interest costs because combat is being financed with borrowed money. The CBO estimated that of the $2.4 trillion long-term price tag for the war, about $1.9 trillion of that would be spent on Iraq, or $6,300 per U.S. citizen.[9][10]
Stiglitz, former chief economist of the World Bank and winner of the Nobel Prize in Economics, has stated the total costs of the Iraq War on the US economy will be three trillion dollars in a moderate scenario, and possibly more in the most recent published study, published in March 2008.[11] Stiglitz has stated: "The figure we arrive at is more than $3 trillion. Our calculations are based on conservative assumptions...Needless to say, this number represents the cost only to the United States. It does not reflect the enormous cost to the rest of the world, or to Iraq."[11]
The extended combat and equipment loss have placed a severe financial strain on the U.S Army, causing the elimination of non-essential expenses such as travel and civilian hiring.[12][13]


The UH-60 Black Hawk that crashed on September 21, 2004.
[edit]Long-term health care costs
A recent study indicated that the long term health care costs for wounded Iraq war veterans could range from $350 billion to $700 billion.[14]
[edit]Military equipment lost
The U.S. has lost a number of pieces of military equipment during the war. The following statistics are from the Center for American Progress:[15]; they are approximations that include vehicles lost in non-combat-related accidents as of 2009.