“The estimated population of the United States is 297,514,641 so each
citizen’s share of this debt is $26,914.02.”
, Congress has
appropriated $357 billion for the fighting in Iraq and Afghanistan and
for enhanced security at
U.S. military bases
and embassies abroad, according to
Of this, the Department of Defense received $326 billion, and $31 billion
went to the Department of State and others. So far, $251 billion has been
spent in Iraq, and $82 billion has been for Afghanistan. Compared to
average monthly spending for Iraq has increased by 18 percent to $6 billion.
reports that if the wars go well and we are able to ramp down operations
gradually starting , an additional $260
billion will be needed for operations . Grand total: $617 billion.
The costs, while large, are not the most important news. According to the
the Department of Defense has “lost visibility” over $7.1 billion of the war
money appropriated to it by Congress. That means it’s gone, but Pentagon
managers don’t know what they did with it. Worse, the
DoD is so
inept at tracking all of its spending that neither
Congress “can reliably know how much the war is costing… [or] how
appropriated funds are being spent….” The
was not even able to determine whether the costs that it and the other
agencies cite as reasonable estimates are too high or too low.