See other Neocon Nuttery Articles
Title: Report: 'Hidden cost' of wars push it to $1.6 trillion
Source:
The Baltimore Sun
URL Source: http://weblogs.baltimoresun.com/new ... t_hidden_cost_of_wars_pus.html
Published: Nov 13, 2007
Author: Mark Silva
Post Date: 2007-11-13 10:46:55 by a vast rightwing conspirator
Keywords: None
Views: 562
Comments: 9
Report: 'Hidden cost' of wars push it to $1.6 trillion by Mark Silva The "hidden costs'' of the wars in Iraq and Afghanistan are spelled out in a report that the Joint Economic Committee of Congress is releasing at the Capitol this morning. With costs already known, by this accounting, the toll reaches $1.6 trillion. The congressional report attempts to place a price tag on the wars by including interest on the debt incurred by war spending, the cost of long-term care for the war-wounded and even disruptions in the world oil market. The total is double the $800 billion which the administration actually has requested for the wars in supplemental spending bills, the committee reports. The $1.6 trillion -- covering a time frame of 2002-08, translates into $20,900 for each American family of four, the report concludes. For Iraq alone, the total is $1.3 trillion, $16,500 for each family. Oil prices have surged since the start of the wars, the report notes -- rising from $37 per barrel to well over $90 per barrel in recent weeks. "Consistent disruptions from the war have affected oil prices," the report notes, though the war are not completely responsible. The cost to consumers of that oil price uptick: $124 billion. "What this report makes crystal clear is that the cost to our country in lives lost and dollars spent is tragically unacceptable," Joint Economic Chairman Sen. Chuck Schumer (D-N.Y.) says in a statement accompanying the report -- to be released at a 10:30 am EST press conference. The report serves as a prelude to another House vote this week to set timelines for troop withdrawals as a condition for $50 billion in additional war-spending -- only about one-quarter of what the Bush administration has requested for the wars through the 2008 budget year. The Associated Press contributed to this report.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: a vast rightwing conspirator (#0)
Considerably more for those who have sacrificed loved ones.
Ron Paul for President - Join a Ron Paul Meetup group today!
And those responsible are still free and they are likely to die of 'natural causes'.
Antiparty - find out why, think about 'how'
For Iraq alone, the total is $1.3 trillion, $16,500 for each family. Considerably more for those who have sacrificed loved ones. Stay the course! ..... damned Surrender Monkey! /sarc
Republicans (Democrats for that matter) ....... HAD ENOUGH?
No amount of money is too much money as long as it keeps the pee panting stupid fairies of the reichwing safe from Ali of Fallujah -who had his plane ticket all ready to go- to come over here in his flip flops, track suit, and AK 47 to mow down herds of American weeble wobbles as the flounder into their local Wendy's to get the new "Baconnator" triple burger". "Ohhhh lordy massa- doos any-ting yooz wants- takes alls yooz needs massa- just keeps me and my youngins safe from da Al queders!" Sickening and pathetic do not describe the state of American manhood and intelligence. Whole new words are needed to capture the essense of hateful stupid sissydom that grips this country. Is there a word that encompasses a person who is nearly retarded, paralyzed by fear, and infused with unjustified hatred?
The "Grim Reaper" is the only one we can now count on to relieve us of this scourge.
eternity looks really hot too
Ron Paul for President - Join a Ron Paul Meetup group today!
Well yes there is indeed 3 or 4 words. 1. Freeper. 2. LP'er. 3. Goldi-Lox. 4. JimRob I'm sure there are plenty of others.
Dying for old bastards, and their old money, isn't my idea of freedom.
Clapping Out Loud.
"Satan / Cheney in "08" They said on MSNBC today the the report included only $5 a barrel as the war premium on oil, which is way low. $20 a barrel would be low.
For Iraq alone, the total is $1.3 trillion, $16,500 for each family.
#2. To: robin (#1)
#3. To: robin (#1)
#4. To: a vast rightwing conspirator (#0)
#5. To: a vast rightwing conspirator (#2)
And those responsible are still free and they are likely to die of 'natural causes'.
#6. To: a vast rightwing conspirator (#2)
#7. To: Burkeman1, *You Gotta Be Shitting Me* (#4)
Sickening and pathetic do not describe the state of American manhood and intelligence. Whole new words are needed to capture the essense of hateful stupid sissydom that grips this country. Is there a word that encompasses a person who is nearly retarded, paralyzed by fear, and infused with unjustified hatred?
#8. To: Burkeman1 (#4)
Whole new words are needed to capture the essense of hateful stupid sissydom that grips this country. Is there a word that encompasses a person who is nearly retarded, paralyzed by fear, and infused with unjustified hatred?
#9. To: a vast rightwing conspirator (#0)
I've already said too much.
Top • Page Up • Full Thread • Page Down • Bottom/Latest