The US war in Iraq has cost $1.7 trillion with $490 billion more owed in benefits to combat veterans, a recent study revealed. The report found that total expenses in the unavailing conflict could balloon to $6 trillion over the next 40 years.
The study, conducted by the Costs of War Project by the Watson Institute for International Studies at Brown University, concluded that the accrued interest on the nearly $2.2 trillion in expenses would amount to some $4 trillion dollars during the coming decades, Reuters reports.
At the time of the 2003 invasion, the Bush administration estimated the war would cost between $50-60 billion.
Published in advance of the 10th anniversary of the March 19 US-led invasion of Iraq, the study also estimated the great human cost inflicted by the nearly decade long conflict. Full story...
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The study, conducted by the Costs of War Project by the Watson Institute for International Studies at Brown University, concluded that the accrued interest on the nearly $2.2 trillion in expenses would amount to some $4 trillion dollars during the coming decades, Reuters reports.
At the time of the 2003 invasion, the Bush administration estimated the war would cost between $50-60 billion.
Published in advance of the 10th anniversary of the March 19 US-led invasion of Iraq, the study also estimated the great human cost inflicted by the nearly decade long conflict. Full story...
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