Cost of U.S. post-9/11 wars approaching $5 trillion

By Around the Web

(Russia Today) The US spent $4.79 trillion on wars in the Middle East and on the ‘War on Terror’ after the September 2001 terrorist attacks, a new report estimated.

The report by the Cost of War Project, which is run by Brown University’s Watson Institute, counted the total budgetary cost of the wars America waged in Afghanistan, Iraq, Pakistan and Syria as well as on counter-terrorism.

The $4.79 trillion figure includes future obligations to spend budgetary money through 2053, estimated future spending on veterans, interest already paid for money borrowed for the war effort and other relevant expenditures. This is $300 billion higher than what the project reported in 2015.

The estimate does not include interest the US is expected to pay on war loans, but says the current operational cost may pale in comparison.

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