Web PM
 

Hidden costs 'raise US war price'

BBC
Tuesday November 13, 2007

The US wars in Iraq and Afghanistan are costing nearly double the amount previously thought, according to a report set to be released by Congress.

Democrats say the wars have cost $1.5 trillion - almost twice the requested $804bn (£402bn) - because of "hidden costs", the Washington Post reports.

That figure would amount to $20,000 for an average US family of four, it adds.

And some of the figures cited in the report were labelled speculative by funding experts, the Post says.

Among the indicators contributing to the higher cost of the conflicts are higher oil costs and payments to war veterans.

'Lost earnings'

The report is expected to be presented to Congress later on Tuesday.

The Democratic authors included the costs of treating wounded veterans and mounting interest payments on money borrowed to finance the wars.

Full article here.

Email This Page to:

Prison Planet.tv: The Premier Multimedia Subscription Package: Download and Share the Truth!

Please help our fight against the New World Order by giving a donation. As bandwidth costs increase, the only way we can stay online and expand is with your support. Please consider giving a monthly or one-off donation for whatever you can afford. You can pay securely by either credit card or Paypal. Click here to donate.

FAIR USE NOTICE