Watson Institute for International and Public Affairs
Costs of War

U.S. cost of war at least $3.7 trillion and counting

June 29, 2011 Reuters

“When President Barack Obama cited cost as a reason to bring troops home from Afghanistan, he referred to a $1 trillion price tag for America's wars. Staggering as it is, that figure grossly underestimates the total cost of wars in Iraq, Afghanistan and Pakistan to the U.S. Treasury and ignores more imposing costs yet to come, according to a study released on Wednesday.”

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