Estimated Cost of Afghan, Iraq Wars Tops $1 Trillion
The rising cost of the Afghan and Iraq wars is always a serious concern, though it really only gets discussed when a major new spending bill is passed or a new milestone is hit. Tonight it is the later, as Costofwar.com, the maker of a popular Javascript ticker that estimates the current costs of the war, has seen its estimate pass the $1 trillion mark earlier today. Costofwar’s estimate is based on the amount of money allocated to the war in the current and previous fiscal years, but other estimates suggest that the true cost runs into the several trillion dollar range.