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New estimate of U.S. war costs: $4 trillion
Posted by The Agonist on June 29th, 2011

From our partners at The Agonist

WaPo’s Checkpoint Washington, By Jason Ukman, June 29

Amid a growing debate over how to bring down the government’s debt, a new study has concluded that U.S. involvement in Afghanistan, Iraq and Pakistan has cost up to $4 trillion over the past decade.

The study, by the nonpartisan Eisenhower Research Project based at Brown University’s Watson Institute for International Studies, also estimates that at least 225,000 people, including civilians, troops and insurgents, have died as a result of the conflicts. Of that number, an estimated 6,000 were uniformed U.S. military personnel.

Pentagon spending accounts for only half of the budgetary costs incurred and represents a fraction of the full economic cost of the wars, according to the study. Among other line items, the study’s contributors — more than 20 economists, political scientists and other experts — estimate federal obligations to care for past and future veterans will eventually total $600 billion to $950 billion.

Seems a bit low (especially the death estimate), doesn’t it?

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