$12 billion a MONTH
This just makes me sick:
March 10, 2008
ASSOCIATED PRESS
Wars to cost $12 billion a month, new book says
BY CHARLES J. HANLEY
The Iraq and Afghanistan wars will cost approximately $12 billion a month -- triple the rate of their earliest years -- Nobel Prize-winning economist Joseph E. Stiglitz and coauthor Linda J. Bilmes report in a new book.
Beyond 2008, working with best case and realistic to moderate scenarios, they project the wars, including long-term U.S. military occupation, will cost between $1.7 trillion and $2.7 trillion by 2017.
Interest on money borrowed to pay those costs alone could add $816 billion to that bottom line, they say.
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