The war in Iraq and Afghanistan has already cost the United States upward of $700 billion – but we can’t afford the war in more ways than just monetary value. A recent report issued by the congressionally-mandated Commission on the National Guard and Reserves concluded that there is an “appalling gap” in our readiness to […]
Keeping Troops in Iraq Through 2018 Pushes War Cost Over One Trillion Dollars
by Travis Sharp Bottom Line: If the United States keeps 55,000 troops in Iraq through 2018, about a third as many troops as are presently deployed, the aggregate cost of the war in Iraq will reach approximately $1.1 trillion. The aggregate cost jumps to $1.7 trillion if one includes aggregate debt service costs for the […]
Our $70 Billion Lump of Coal
by Travis Sharp Published in the Topeka Capital-Journal on January 11, 2008 If you are anything like me, January is a time of considerable anxiety. My waistline has expanded after too many holiday cookies and too much eggnog. The sweater my grandmother gave me lies abandoned in the corner collecting dust. Worst of all, VISA […]
YouTube Video: The Cost of War in Iraq and Afghanistan
https://youtu.be/_B3QBp1MimM After recent congressional approval of $70 billion in additional spending for the war in Iraq and Afghanistan, the total cost of the conflict has reached $700 billion, not to mention thousands of American and Iraqi lives. The costs skyrocket even further when you take debt costs and long-term veterans’ care into account. Click here […]
Analysis of FY2008 “Bridge” War Funding Supplemental (Attached to Omnibus Appropriations Bill S. 2764): Cost of Wars Now Surpasses Vietnam War
by Travis Sharp On December 18, 2007, the Senate approved an amendment introduced by Republican leader Mitch McConnell providing $70 billion in “bridge” funding for ongoing U.S. military operations in Iraq and Afghanistan. The Bush administration has requested $196 billion in war funding for Fiscal Year 2008. The $70 billion “bridge” provides 36% of this […]