It is now being reported that the total cost of the War in
The One Certainty About
By Keith Garvin
Thursday 20 April 2006
Poor planning, need for new equipment could push war costs to $1 trillion.
There are many uncertainties about the progress made by coalition forces and the future prospects for stability and democracy in
Not only in human lives, but in monetary terms as well, the costs of the U.S.-led invasion of
The price is expected to almost double after lawmakers return to Capitol Hill next week when the Senate takes up a record $106.5 billion emergency spending bill that includes $72.4 billion for the wars in
Poor Planning Could Push War Costs to $1 Trillion
ABC analyst Tony Cordesman, who also holds the Arleigh A. Burke Chair in Strategy for the Center for Strategic and International Studies, says the exorbitant costs come down to poor planning.
"When the administration submitted its original budget for the
According to the Center for Strategic and Budgetary Assessments, the
Bill Will Linger Long After Withdrawal
Analysts say the increases can be blamed on the rising cost of maintaining military equipment and developing new equipment. As the cost of military equipment escalates, the cost of the war escalates. In fact, developing state-of-the-art weapons to defeat insurgents and their roadside bombs will hit the wallets of American taxpayers for years to come.
"The Department of Defense has increased its investment in new equipment from $700 billion to $1.4 trillion in the coming years," Cordesman said.
Army Chief of Staff Peter Schoomaker recently warned lawmakers that the cost of upkeep and replacement of military equipment would continue even after
The same thing was also reported by the BBC: