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Bush’s $1 Trillion War on Terror: Even Costlier Than Expected

December 26, 2008
Yahoo News
12/26/2008

The news that President Bush’s war on terror will soon have cost the U.S. taxpayer $1 trillion – and counting – is unlikely to spread much Christmas cheer in these tough economic times. A trio of recent reports – none by the Bush Administration – suggests that sometime early in the Obama presidency, spending on the wars started since 9/11 will pass the trillion-dollar mark. Even after adjusting for inflation, that’s four times more than America spent fighting World War I, and more than 10 times the cost of 1991’s Persian Gulf War (90 percent of which was paid for by U.S. allies). The war on terror looks set to surpass the cost the Korean and Vietnam wars combined, to be topped only by World War II’s price tag of $3.5 trillion.

The cost of sending a single soldier to fight for a year in Afghanistanor Iraq is about $775,000 – three times more than in other recent wars, says a new report from the private but authoritative Center for Strategic and Budgetary Assessments. A large chunk of the increase is a result of the Administration cramming new military hardware into the emergency budget bills it has been using to pay for the wars.

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