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Posts Tagged ‘Neta Crawford

USA has spent $5.9 trillion on wars in the Middle East and Asia since 2001, a new study says

The report also finds that more than 480,000 people have died from the wars and more than 244,000 civilians have been killed as a result of fighting. Additionally, another 10 million people have been displaced due to violence.

WASHINGTON  The U.S. wars and military action in Afghanistan, Iraq, Syria and Pakistan have cost American taxpayers $5.9 trillion since they began in 2001, according to a new study.

That total is almost $2 trillion more than all federal government spending during the recently completed 2017-18 fiscal year.

The $5.9 trillion figure reflects the cost across the U.S. federal government since the price of war is not borne by the Defense Department alone, according to Neta Crawford, the study’s author.

In addition to the money spent by the Pentagon, Crawford says the report captures the “war-related spending by the Department of State, past and obligated spending for war veterans’ care, interest on the debt incurred to pay for the wars, and the prevention of and response to terrorism by the Department of Homeland Security.” (Most of the debt financed by China)

It breaks down like this, according to Crawford and the report:

  • Total U.S. war-related spending through fiscal year 2019 is $4.9 trillion.
  • The other $1 trillion reflects estimates for the cost of health care for post-9/11 veterans.
  • The Department of Veterans Affairs will be responsible for serving more than 4.3 million veterans by 2039.

What’s more, longer wars will also increase the number of service members who will ultimately claim veterans benefits and disability payments.

The U.S. government spent $4.1 trillion during fiscal year 2018, which ended Sept. 30, according to the Treasury Department.

The Defense Department accounted for 14.7% of that, and the Department of Veterans Affairs accounted for 4.4 percent.

 

Latest Estimate Pegs Cost of Wars at Nearly $5 Trillion

Naomi LaChance. Sept 14, 2016

The total U.S. budgetary cost of war since 2001 is $4.79 trillion, according to a report released this week from Brown University’s Watson Institute. That’s the highest estimate yet.

Neta Crawford of Boston University, the author of the report, included interest on borrowing, future veterans needs, and the cost of homeland security in her calculations.

The amount of $4.79 trillion, “so large as to be almost incomprehensible,” she writes, adds up like this:

  • The wars in Iraq, Afghanistan, Pakistan, Syria, and other overseas operations already cost $1.7 trillion between 2001 and August 2016 with $103 billion more requested for 2017
  • Homeland Security terrorism prevention costs from 2001 to 2016 were $548 billion.
  • The estimated DOD base budget was $733 billion and veterans spending was $213 billion.
  • Interest incurred on borrowing for wars was $453 billion.
  • Estimated future costs for veterans’ medical needs until the year 2053 is $1 trillion.
  • And the amounts the DOD, State Department, and Homeland Security have requested for 2017 ($103 billion).

Crawford carried out a similar study in June 2014 that estimated the cost of war at $4.4 trillion.

Her methodology mirrors that of the 2008 book The Three Trillion Dollar War: The True Costs of the Iraq Conflict by Linda Bilmes and Joseph Stiglitz.

There are even more costs of war that Crawford does not include, she writes.

For instance,

“I have not included here state and local government expenses related to medical care of veterans and homeland security.

Nor do I calculate the macro economic costs of war for the U.S. economy.”

She also notes that she does not add the cost of war for other countries, nor try to put a dollar figures on the cost in human lives.

Note: If the UN is serious about investigating the crimes against humanity committed by US troops in Iraq, and the use of forbidden munitions and chemical bombs, the cost of reparation for the families of the born handicapped babies will be astronomical.


adonis49

adonis49

adonis49

September 2020
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