Let's Talk Spending

Discussion in 'Politics' started by Vel, Aug 30, 2010.

  1. Vel
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    Vel Gold Member

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    Please check the link for the chart.
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    CBO: Eight Years of Iraq War Cost Less Than Stimulus Act
    Published August 30, 2010 | FoxNews.com



    As President Obama prepares to tie a bow on U.S. combat operations in Iraq, Congressional Budget Office numbers show that the total cost of the eight-year war was less than the stimulus bill passed by the Democratic-led Congress in 2009.

    According to CBO numbers in its Budget and Economic Outlook published this month, the cost of Operation Iraqi Freedom was $709 billion for military and related activities, including training of Iraqi forces and diplomatic operations.
    The projected cost of the stimulus, which passed in February 2009, and is expected to have a shelf life of two years, was $862 billion.

    FOXNews.com - CBO: Eight Years of Iraq War Cost Less Than Stimulus Act
     
  2. loosecannon
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    loosecannon Senior Member

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    EXCLUSIVE - The Three Trillion Dollar War: Nobel Laureate Joseph Stiglitz and Harvard Economist Linda Bilmes on the True Cost of the US Invasion and Occupation of Iraq

    Google

    BTW Stiglitz is a Nobel econ Laureate who predicted the credit crisis.

    Joseph Stiglitz - Wikipedia, the free encyclopedia
     

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