FACEBOOK
TWITTER
National Priorities Project: $1.09 trillion total spending in Iraq and Afghanistan
- Tallies Cost of War Including Recent Supplemental Bill through September 30, 2010
- $749.9 billion for Iraq
- $337.8 billion for Afghanistan
- $1.09 trillion total spending
With the passage of a supplemental spending bill last week (H.R. 4899), Congress has appropriated an additional $36.2 billion for wars in Iraq and Afghanistan for the 2010 fiscal year. The bulk of this money was directed to Afghanistan accounting for $33.9 billion. National Priorities Project estimates that total spending for this fiscal year is now $65.1 billion for Iraq and $106.6 billion for Afghanistan.
These new appropriations bring war-related spending for Iraq to $749.9 billion and for Afghanistan to $337.8 billion, with total war costs of $1.09 trillion1. National Priorities Project (NPP) updated its Cost of War counters to reflect the new totals and to show the local costs of these wars to states and many cities. NPP’s trade-off tool allows you to explore what services could be obtained for your community with the same amount of money that Congress has appropriated for war spending.
Additional war-related spending is anticipated as a part of the FY2011 budget with $51.1 billion requested for Iraq and $119.4 billion requested for Afghanistan. The Obama administration is attempting to integrate war funding into the core budget appropriations process. Since 2001, the U.S. wars in Iraq and Afghanistan and related activities have been funded almost entirely through emergency supplemental appropriations. In a departure from this practice, much of the FY2010 war funding came from the core budget with a lesser amount from last week’s supplemental bill. Spending for FY2011 is expected to come entirely from the annual budget.
In addition to war-related funding, this supplemental bill included spending for: Vietnam veterans affected by Agent Orange ($13.3 billion); replenishment of FEMA accounts ($5.1 billion); assistance to Haiti following the earthquake ($2.9 billion); costs of storms and floods ($399 million); costs related to the BP Deepwater Horizon oil spill ($94 million); costs related to the Upper Big Branch Mine disaster ($22 million); and costs of a new radio system for the Capitol Police ($13 million).
For more information: 413.584.9556 or www.nationalpriorities.org.
1 Total war funding to date includes all approved funds for Afghanistan since FY2001 plus all approved funds for Iraq since FY2003. See also CRS Report RL33110 July 2010. Please note that funding estimates for FY2007-2010 have been revised in this updated report on which our estimates are based.
Short URL: http://www.veteranstoday.com/?p=43697
Posted by Yanira Farray on Aug 5 2010, With 0 Reads, Filed under WarZone. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.
COMMENTS
To post, we ask that you login using Facebook, Yahoo, AOL, or Hotmail in the box below.Don't have a social network account? Register and Login direct with VT and post.
Before you post, read our Comment Policy - Feedback
[...] the 2010 fiscal year. The bulk of this money was directed to Afghanistan … Original post: National Priorities Project: $1.09 trillion total spending in Iraq … Share and [...]
In 2008 economist and Nobel Prize winner Joseph Stiglitz said the wars in Iraq and Afghanistan would cost America $3 trillion dollars by the time all of the after costs have been added on.
http://www.washingtonpost.com/wp-dyn/content/article/2008/03/07/AR2008030702846.html
The Iraq War Will Cost Us $3 Trillion, and Much More
By Linda J. Bilmes and Joseph E. Stiglitz
Sunday, March 9, 2008
There is no such thing as a free lunch, and there is no such thing as a free war. The Iraq adventure has seriously weakened the U.S. economy, whose woes now go far beyond loose mortgage lending. You can’t spend $3 trillion — yes, $3 trillion — on a failed war abroad and not feel the pain at home.
Some people will scoff at that number, but we’ve done the math. Senior Bush administration aides certainly pooh-poohed worrisome estimates in the run-up to the war. Former White House economic adviser Lawrence Lindsey reckoned that the conflict would cost $100 billion to $200 billion; Defense Secretary Donald H. Rumsfeld later called his estimate “baloney.” Administration officials insisted that the costs would be more like $50 billion to $60 billion. In April 2003, Andrew S. Natsios, the thoughtful head of the U.S. Agency for International Development, said on “Nightline” that reconstructing Iraq would cost the American taxpayer just $1.7 billion. Ted Koppel, in disbelief, pressed Natsios on the question, but Natsios stuck to his guns. Others in the administration, such as Deputy Defense Secretary Paul D. Wolfowitz, hoped that U.S. partners would chip in, as they had in the 1991 Persian Gulf War, or that Iraq’s oil would pay for the damages.
NO AMOUNT OF WEALTH AND NO AMOUNT OF SPILT BLOOD IS TOO MUCH
FOR OUR ISRAELI/JEWISH MASTERS.
BRING ON THE ECONOMIC COLLAPSE,
THE SOONER THE BETTER AND WE CAN PUT THIS BEHIND US
AND DRIVE THE VERMIN OUT OF OUR HAIR
First of all, why are we sending money to Haiti? I understand that the country was devastated after that earthquake, and I feel for them. I do. HOWEVER, Haiti is not a US State or ‘territory’ like Guam and Puerto Rico. Why is the Government sending them my money? I have no job and no vehicle. I’m a US citizen. I’d like some of that money myself thank you very much!
Second, why in the HELL are we spending money on the BP screwupofalltime? What are they going to get? A slap on the (overly wealthy) wrist? Make them clean up their own mess, and take care of the people affected. If it means they go out of business, or that their corporate execs have to give up their tidy bankrolls to pay for it, then FINE. Let those tie wearing overstuffed bastards live like the rest of us for a while. Maybe then they wouldn’t be so quick to brush off an incident like this in the future. (doubtful)
And third: Why did I even bother to comment? Its not like anyone’s opinions matter in this country anymore. Its not like “We the People” means anything at all anymore. Nobody cares. And nobody listens.
DISGUSTING loss of lives and DISGUSTING amount of money to continue to lose them.
How about some funds for the veterans & their families whose lives have already been damaged instead of funds to continue the damage?
America’s war machine uses over 55% of the American Government’s expenditure! Many of the costs are hidden in other budgets, like the nuclear weapons maintenance is hidden in the ‘energy’ budget.
These will probably be the last wars America gets involved in by the look data on Wikipedia.
Long-term risks to financial health of federal government
Risks due to increasing entitlement spending, according to GAO’s projections of future trends.Main article: United States federal budget.
Several government agencies provide budget and debt data and analysis. These include the Government Accountability Office (GAO), the Congressional Budget Office (CBO), the Office of Management and Budget (OMB), and the U.S. Treasury Department. These agencies have reported that the federal government is facing a series of critical long-term financing challenges. This is because expenditures related to entitlement programs such as Social Security, Medicare, and Medicaid are growing considerably faster than the economy overall, as the population grows older.
These agencies have indicated that under current law, sometime between 2030 and 2040, mandatory spending (primarily Social Security, Medicare, Medicaid, and interest on the national debt) will exceed tax revenue. In other words, all discretionary spending (e.g., defense, homeland security, law enforcement, education, etc.) will require borrowing and related deficit spending. These agencies have used such language as “unsustainable” and “trainwreck” to describe such a future.[51]