Friday, May 20, 2005
How much are you willing to pay?
The Christian Science Monitor has a story chock full of information about what Our Dear Leaders Bush War II is costing the US taxpayers.
1. Thanks to ODL, our wealthiest citizens, including those who are profiting from the war, will not have to bear the burden of taxation.
2. We still don't know why ODL started his favorite little war.
Overall, Congress has approved about $192 billion for the Iraq war itself, according to an analysis by the Congressional Research Service. Another $58 billion has been allocated for Afghanistan, and some $20 billion has gone for enhanced air security and other Pentagon preparedness measures in the US.Some good points to think about after reading this.
That totals $270 billion for all military operations since 2001, according to the CRS analysis. The cost of war in Iraq by itself has already far exceeded the $85 billion inflation-adjusted price tag of the 1991 Gulf War, notes Mr. Kosiak. Plus, that war was largely paid for by contributions from US allies.
As for all military operations combined, add in the $50 billion in war spending the Senate Armed Services Committee last week added to the fiscal 2006 defense budget bill, and the total will surpass $320 billion in US funds. "That's close to the Korean war level of $350 billion [in today's dollars]," says Kosiak.
1. Thanks to ODL, our wealthiest citizens, including those who are profiting from the war, will not have to bear the burden of taxation.
2. We still don't know why ODL started his favorite little war.
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