Iraq War Cost: $2b a Week
Posted on Sep 28, 2006
That’s the word from a new congressional report, which tallies the spending at $379 billion in total, or 20% more than last year, as we spend more and more on establishing long-term bases in the area.
WASHINGTON—A new congressional analysis shows the Iraq war is now costing taxpayers almost $2 billion a week—nearly twice as much as in the first year of the conflict three years ago and 20 percent more than last year—as the Pentagon spends more on establishing regional bases to support the extended deployment and scrambles to fix or replace equipment damaged in combat.
The upsurge occurs as the total cost of military operations at home and abroad since 2001, including the wars in Iraq and Afghanistan, will top half a trillion dollars, according to an internal assessment by the nonpartisan Congressional Research Service completed last week.
The spike in operating costs—including a 20 percent increase over last year in Afghanistan, where the mission now costs about $370 million a week—comes even though troop levels in both countries have remained stable. The reports attribute the rising costs in part to a higher pace of fighting in both countries, where insurgents and terrorists have increased their attacks on US and coalition troops and civilians.