The Cost of Iraq War calculator is set to reach $456 billion September 30, 2007, the end of fiscal year 2007. The Cost of Iraq War calculator is occasionally reset based on new information and new allocations of funding. The numbers include military and non-military spending, such as reconstruction. Spending only includes incremental costs, additional funds that are expended due to the war. For example, soldiers’ regular pay is not included, but combat pay is included. Potential future costs, such as future medical care for soldiers and veterans wounded in the war, are not included. It is also not clear whether the current funding will cover all military wear and tear. It also does not account for the Iraq War being deficit-financed and that taxpayers will need to make additional interest payments on the national debt due to those deficits.
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I’ll be JOYOUS to bring back “tax and spending” rather than the INSANE “borrow and spending” by the conservatives.
I did that as two buttons and JavaScript.
Democrats: tax and spend
Republicans: borrow and spend
J/P=?
John,
I’m not sure I get your point.
My point is that “tax and spend” is what a government is supposed to do. Good governments do so judiciously and carefully.
But “borrow and spend” is the worst of the worst — it doubles the cost of everything.
Servicing the national debt is now the THIRD largest item in the federal budget.
http://www.federalbudget.com/chart.gif
Remember the song “A Million a Day” by the Limeliters? It was an anti SDI song.
Well, I estimated that if the counter is accurate, the war is costing “A Million in Five Minutes”! Do we have any good song writers out there?
#33 – I’m guessing that if we weren’t paying for the war it would be #2 instead!!!