Defense Department: The War On Terror Has Cost $250 Million A Day For 16 Years
Key Excerpts from Article on Website of International Business Times
Posted: November 6th, 2017
American taxpayers have spent $1.46 trillion on wars abroad since September 11, 2001. The Department of Defense periodically releases a cost of war report. The newly released version ... covers the time from the September 11th terrorist attacks through mid-2017. The Afghanistan War from 2001 to 2014 and Iraq War from 2003 to 2011 account for the bulk of expenses: more than $1.3 trillion. The continuing presence in Afghanistan and aerial anti-ISIS operations in Iraq and Syria since 2014 have cost a combined $120 billion. The reports costs include only direct war-related expenses. It most notably does not include the expense of veterans benefits for troops who serve in these wars or the intelligence communitys expenses related to Global War on Terror. A 2011 paper ... estimated the cost of veterans benefits as $600 billion to $1 trillion over the next 40 years. According to the Congressional Research Service, the only war in U.S. history to cost more than the Global War on Terror is World War II, at more than $4.1 trillion in present dollars. Direct war-related expenses from the Vietnam War cost $738 billion in today's dollars.
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