Iraq War Could Cost $6 TrillionSubmitted by legalizeliberty on Fri, 03/15/2013 - 19:50
The US war in Iraq has cost $1.7 trillion with an additional $490 billion in benefits owed to war veterans. But the cost could grow to more than $6 trillion over the next four decades when interest payments are included, according to study released on Thursday.
The study comes from the Costs of War Project by the Watson Institute for International Studies at Brown University. It not only estimates the staggering financial costs, but the human costs as well.
The low-end estimate for Iraqi civilians killed is about 134,000, although the Watson Institute says the war may have contributed to as many as four times that number.
The much-cited, peer-reviewed Lancet study found in 2006 that about 650,000 Iraqis, both civilians and fighters, had died from the war up until that point. Credible research estimates that more than 1 million Iraqis were killed, with 4.5 million displaced.