Bush wars to cost 40 times higher than original estimates; $8,000 per man, woman child in US


	Bush wars to cost 40 times higher than original estimates; $8,000 per man, woman child in US

rwatuny

12-10-2007 1:00 AM

298 views

tags:

iraq, afghanistan, usa, war, bush, costs

rwatuny says:

"The number is so big, it boggles the mind," Rep. Rahm Emanuel (D-IL) told USA Today.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0f79da3b-d289-4663-a708-0aecd536e1b8/AED3AC50-4565-4245-B52C-E9AB723F2980/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.informationliberation.com/?id=24135" href="http://www.informationliberation.com/?id=24135" style="font-size: 11px;">www.informationliberation.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.informationliberation.com/?id=24135">The United States is spending about $8,000 per man, woman and child in the country to pursue wars in Iraq and Afghanistan, according to new estimates that show the wars will cost about $2.4 trillion over the next decade.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.informationliberation.com/?id=24135">
More than one-fourth of the money spent in Iraq and Afghanistan -- $705 billion -- will go to paying interest on the wars' costs, which are being funded with borrowed dollars, according to an estimate to be released Wednesday by the Congressional Budget Office. Iraq accounts for about 80 percent of the costs with a $1.9 trillion tab, including $564 million in interest, a House budget committee staff director told <I>USA Today</I>, <A href="http://www.usatoday.com/printedition/news/20071024/1a_lede24_dom.art.htm?loc=interstitialskip">which reported</A> the numbers  Wednesday morning.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/AED3AC50-4565-4245-B52C-E9AB723F2980/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>