WASHINGTON -- The U.S. wars in Afghanistan and Iraq will cost taxpayers between $4 trillion and $6 trillion, a study by a Harvard researcher said.
In a study released Thursday, Harvard public policy Professor Linda J. Bilmes said the United States has already spent nearly $2 trillion for the military campaigns in Afghanistan and Iraq -- just a fraction of the ultimate cost, The Washington Post reported. The largest ongoing expense will be providing medical care and disability benefits to veterans of the two conflicts, she said.
Historically, medical and disability expenses "come due many decades later," the report said, noting that the peak disbursement of disability payments for troops in the last century came decades after the wars ended.
"Payments to Vietnam and first Gulf War veterans are still climbing," Bilmes said.
"As a consequence of these wartime spending choices, the United States will face constraints in funding investments in personnel and diplomacy, research and development and new military initiatives," Bilmes' report said. "The legacy of decisions taken during the Iraq and Afghanistan wars will dominate future federal budgets for decades to come."
"W" wasted trillions on his unnecessary war in Iraq. He cut taxes until the government was broke. His economic policies created a recession that was worse than anything we had seen since the great depression.
No wonder Americans rejected the Republicans. They were a disaster.