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Wednesday, October 24, 2007

Bush wars to cost 40 times higher than original estimates; $8,000 per man, woman child in US

Nick Juliano, Raw Story
New estimates show Iraq, Afghanistan will cost US $2.4 trillion; White House refuses to provide estimate
The United States is spending about $8,000 per man, woman and child in the country to pursue wars in Iraq and Afghanistan, according to new estimates that show the wars will cost about $2.4 trillion over the next decade. More than one-fourth of the money spent in Iraq and Afghanistan -- $705 billion -- will go to paying interest on the wars' costs, which are being funded with borrowed dollars, according to an estimate to be released Wednesday by the Congressional Budget Office....
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