Wars in Iraq and Afghanistan could cost as much as $2.4 trillion through the next decade, according to a new analysis Wednesday that the White House brushed off as "speculation."
The analysis, by the nonpartisan Congressional Budget Office, provides the most comprehensive and far-reaching estimate to date, taking into account costs previously not counted and assuming large number of forces would remain in the regions.
According to CBO, the U.S. has spent about $600 billion to date on both wars, including $39 billion in diplomatic operations and foreign aid.
Read more.
The analysis, by the nonpartisan Congressional Budget Office, provides the most comprehensive and far-reaching estimate to date, taking into account costs previously not counted and assuming large number of forces would remain in the regions.
According to CBO, the U.S. has spent about $600 billion to date on both wars, including $39 billion in diplomatic operations and foreign aid.
Read more.
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