Monday, December 22, 2014

Wars’ Cost to U.S. Since the Sept. 11 Attacks: $1.6 Trillion - Bloomberg

Wars’ Cost to U.S. Since the Sept. 11 Attacks: $1.6 Trillion - Bloomberg: The wars in Iraq and Afghanistan and counterterrorism operations have cost the U.S. a combined $1.6 trillion since the Sept. 11 terrorist attacks, according to a new Congressional Research Service analysis.

Through fiscal 2014, which ended in September, Congress approved $815 billion for warfare in Iraq, $686 billion for Afghanistan and other operations against terrorism, $81 billion for other war-designated spending and $27 billion for Operation Noble Eagle air patrols over the U.S., according to the report posted on the agency’s internal website. The total includes $297 billion spent on weapon procurement and war repairs.

The assessment is the agency’s first full update of war costs since March 2011. About 92 percent of the funds went to the Pentagon, followed by the State Department and the Department of Veterans Affairs. It includes war operations, training and equipping Iraqi and Afghan forces, diplomatic operations and medical care for wounded Americans over the past 13 years, the agency said in the report dated Dec. 8. It also includes most reconstructions costs.