War on terrorism’s price tag: $ 1 trillion

According to a Congressional Research Service report, the military operations since the Sept. 11, 2001 terrorist attacks have cost over $1 trillion, making the “war on terrorism” second only to World War II in cost to US taxpayers.

“CRS provided its estimates in current year dollars (i.e. the year they were spent) and in constant year dollars (adjusted for inflation), and as a percentage of gross domestic product,” noted Secrecy News editor Steven Aftergood, who obtained the report. “Many caveats apply to these figures, which are spelled out in the CRS report.”

Indeed, the author of the report, Stephen Daggett, wrote that “Comparisons of war costs over a 230-year period are … inherently problematic.”

Advertisements

One Response

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: