Medical costs for the injured and veterans’ compensation balloon as time goes on. No departure deadline has been set.Įstimates of the cost per troop per year in Afghanistan vary from $500,000 to $1 million depending on whether expenditures on troop housing and equipment are included along with pay, food and fuel. Steve Inskeep talks with Douglas Holtz-Eakin, former director of the Congressional Budget Office, about the cost of war in Iraq. explains the major implications of the Iraq War for the federal budget. A Congressional Budget Office report estimates that by 2020 the price of treating Iraq and Afghanistan veterans alone could be more than 8 billion annually. ![]() Obama says he wants to start withdrawing forces from Afghanistan in mid-2011, but that will depend, in part, on conditions on the ground. The Iraq War has cost the US nearly 2 trillion. Defense officials say he will shortly ask Congress for $33 billion to pay for the cost of the troop surge in fiscal 2010.įuture expenses are a question mark, partly because troop levels are uncertain. troops to the Afghan war effort to join the 68,000 already fighting a resurgent Taliban. Obama announced in December he was adding 30,000 more U.S. the Congressional Budget Office as of October 2012 said that. HOW MUCH MORE WILL THESE OPERATIONS COST? The Iraq and Afghanistan wars will together cost 4 to 6 trillion, according a new study from Harvard University's Kennedy School. It examines congressional appropriations, while CBO has access to additional sources, including Pentagon spending reports. homeland security spending in those 2010 cost tallies. 30, is the first year that more money has been allocated to Afghanistan ($72.3 billion) than Iraq ($64.5 billion), according to the National Priorities Project, a nonpartisan budget research group that has a running tally of the wars’ costs on its Website. The current fiscal year, which ends Sept. ![]() About $22 billion went for war-related activities in other countries, it said. Former President George Bush launched the Iraq war in a search for weapons of mass destruction, which never were found.ĬBO said $345 billion has gone to Afghanistan, where the United States invaded to fight al Qaeda and topple the Taliban after the Sept. The lion’s share of the spending - $708 billion - has been allocated to the war in Iraq since the U.S.-led invasion there in 2003, according to CBO. HOW MUCH WENT FOR IRAQ AND HOW MUCH FOR AFGHANISTAN? The $1.075 trillion tally includes $51 billion for diplomatic activities and aid to Iraq, Afghanistan and various other countries that are assisting the United States in fighting terrorism, CBO said.
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