News / USA

Report: Iraq, Afghanistan Wars Cost US Nearly $4 Trillion

Spc. Gavin Fruge, 22, of Crowley, La., left, watches a rebroadcast of President Barack Obama's speech on proposed troop withdrawal with fellow soldiers at Kandahar Airfield in Kandahar, Afghanistan, June 23, 2011 (file photo)
Spc. Gavin Fruge, 22, of Crowley, La., left, watches a rebroadcast of President Barack Obama's speech on proposed troop withdrawal with fellow soldiers at Kandahar Airfield in Kandahar, Afghanistan, June 23, 2011 (file photo)
David Byrd

A new report issued by Brown University says the cost of America’s wars in Iraq and Afghanistan - and operations in Pakistan - will cost the country nearly $4 trillion. The report's total is more than three times higher than U.S. President Barack Obama’s estimate in a recent speech.

When Obama recently announced a drawdown of U.S. troops from Afghanistan, he said America's wars have cost the country $1 trillion dollars.

But a report by Brown University’s Watson Institute for International Studies estimates the total cost at $3.7 trillion.

The study includes spending on wars in Iraq and Afghanistan, as well as operations in Pakistan. Catherine Lutz is one of the study’s co-authors.

“The reasonable estimate is approximately $4 trillion for the war, up to... today and including some of the future costs that we are obligated to pay for veterans care," said Lutz. "In addition, another $1 trillion in interest payments on the debt, we estimate will be required through 2020.”

Lutz said costs such as long-term care of wounded veterans, and projected war spending from 2012 through 2020, were included in the figures. Report co-author, Boston University Political Science Professor Neta Crawford, said other costs include lost opportunities because money was spent on war materiel.

“So if you think about the annual budget of these wars, let us say it averages $130 billion each year for the last 10 years, then you get more than 900,000 jobs in education that could have been created," said Crawford.

The human costs also are also high. The report says between 224,000 and 258,000 people have died directly from warfare, with 125,000 of them civilians in Iraq.  

Even with the president’s planned drawdown of 33,000 troops, there will still be almost 70,000 troops in Afghanistan at an estimated cost of $1.2 million each.

You May Like

Disappointing Report on China's Economy Shakes Markets

In London and New York shares lost 3 percent, while Paris and Germany dropped around 2.4 percent More

DRC Tries Mega-Farms to Feed Population

Park at Boukanga Lonzo currently has 5,000 hectares under cultivation, crops stretching as far as eye can see, and is start of ambitious large-scale agriculture plan More

Video War, Drought Threaten Iraq's Marshlands

Areas are spawning ground for Gulf fisheries, a resting place for migrating wildfowl, source of livelihood for fishermen and herders who have called the marshes home for generations More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Nobel Prize Winner Malala Talks to VOAi
X
August 31, 2015 2:17 AM
Nobel Peace Prize winner Malala Yousafzai met with VOA's Deewa service in Washington Sunday to talk about women’s rights and unveil a trailer for her new documentary. VOA's Katherine Gypson has more.
Video

Video Nobel Prize Winner Malala Talks to VOA

Nobel Peace Prize winner Malala Yousafzai met with VOA's Deewa service in Washington Sunday to talk about women’s rights and unveil a trailer for her new documentary. VOA's Katherine Gypson has more.
Video

Video War, Drought Threaten Iraq's Marshlands

Iraq's southern wetlands are in crisis. These areas are the spawning ground for Gulf fisheries, a resting place for migrating wildfowl, and source of livelihood for fishermen and herders. Faith Lapidus has more.
Video

Video Colombians Flee Venezuela as Border Crisis Escalates

Hundreds of Colombians have fled Venezuela since last week, amid an escalating border crisis between the two countries. Last week, Venezuelan President Nicolas Maduro ordered the closure of a key border crossing after smugglers injured three Venezuelan soldiers and a civilian. The president also ordered the deportation of Colombians who are in Venezuela illegally. Zlatica Hoke reports.
Video

Video Rebuilding New Orleans' Music Scene

Ten years after Hurricane Katrina inundated New Orleans, threatening to wash away its vibrant musical heritage along with its neighborhoods, the beat goes on. As Bronwyn Benito and Faith Lapidus report, a Musicians' Village is preserving the city's unique sound.
Video

Video In Russia, Auto Industry in Tailspin

Industry insiders say country relies too heavily on imports as inflation cuts too many consumers out of the market. Daniel Schearf has more from Moscow.
Video

Video Scientist Calls Use of Fetal Tissue in Medical Research Essential

An anti-abortion group responsible for secret recordings of workers at a women's health care organization claims the workers shown are offering baby parts for sale, a charge the organization strongly denies. While the selling of fetal tissue is against the law in the United States, abortion and the use of donated fetal tissue for medical research are both legal. VOA’s Julie Taboh reports.
Video

Video Next to Iran, Climate at Forefront of Obama Agenda

President Barack Obama this week announced new initiatives aimed at making it easier for Americans to access renewable energy sources such as solar and wind. Obama is not slowing down when it comes to pushing through climate change measures, an issue he says is the greatest threat to the country’s national security. VOA correspondent Aru Pande has more from the White House.
Video

Video Arctic Draws International Competition for Oil

A new geopolitical “Great Game” is underway in earth’s northernmost region, the Arctic, where Russia has claimed a large area for resource development and President Barack Obama recently approved Shell Oil Company’s test-drilling project in an area under U.S. control. Greg Flakus reports.
Video

Video Philippine Maritime Police: Chinese Fishermen a Threat to Country’s Security

China and the Philippines both claim maritime rights in the South China Sea.  That includes the right to fish in those waters. Jason Strother reports on how the Philippines is catching Chinese nationals it says are illegal poachers. He has the story from Palawan province.
Video

Video China's Spratly Island Building Said to Light Up the Night 'Like A City'

Southeast Asian countries claim China has illegally seized territory in the Spratly islands. It is especially a concern for a Philippine mayor who says Beijing is occupying parts of his municipality. Jason Strother reports from the capital of Palawan province, Puerto Princesa.
Video

Video Ages-old Ice Reveals Secrets of Climate Change

Ice caps don't just exist at the world's poles. There are also tropical ice caps, and the largest sits atop the Peruvian Andes - but it is melting, quickly, and may be gone within the next 20 years. George Putic reports scientists are now rushing to take samples to get at the valuable information about climate change locked in the ice.

VOA Blogs