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Cost of Iraq War

Posted on September 3, 2007

The Washington Post reports that:

President Bush plans to ask Congress next month for up to $50 billion in additional funding for the war in Iraq, a White House official said yesterday, a move that appears to reflect increasing administration confidence that it can fend off congressional calls for a rapid drawdown of U.S. forces.

This is on top of about $460 billion in the fiscal 2008 defense budget and $147 billion in a pending supplemental bill to fund the wars in Iraq & Afghanistan. The cost of the war in Iraq now exceeds $3 billion a week – in other words, the same amount as relocating and building 10 Main Street Sewage Treatment plants a week or building 75,000 Vince Whibbs Community Maritime Parks every week.

The Pentagon estimates the cost of the Iraq war has surpassed $330 billion, while the war in Afghanistan has cost $78 billion.

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