That’s the latest estimate for the total cost of the Iraq war.
WASHINGTON — The war in Iraq could ultimately cost well over a trillion dollars — at least double what has already been spent — including the long-term costs of replacing damaged equipment, caring for wounded troops, and aiding the Iraqi government, according to a new government analysis.
The United States has already allocated more than $500 billion on the day-to-day combat operations of what are now 190,000 troops and a variety of reconstruction efforts.
In a report to lawmakers yesterday, the nonpartisan Congressional Budget Office estimated that even under the rosiest scenario — an immediate and substantial reduction of troops — American taxpayers will feel the financial consequences of the war for at least a decade.
The calculations include the estimated cost to leave some US forces behind for at least several years to support the Iraqi government, but they also predict other long-term costs, such as extended medical care and disability compensation for wounded soldiers and survivor’s benefits for the families of the thousands of combat-zone fatalities.
Think of how many things we could have done. It boggles the mind.
So the question for all of you is…how does it not make economic sense to use tax dollars to provide services for our citizens , but it does make economic sense to use tax dollars going into a country to fight for their freedom?