The price of war

Remember last year's budget projections for Iraq and Afghanistan? Forget them.

By Tim Grieve
Published February 2, 2007 6:35PM (EST)

Last July, the White House projected with "modest confidence" that the wars in Iraq and Afghanistan would cost $110 billion in fiscal year 2007.

Congress approved $70 billion of that money in September. And now, the Associated Press is reporting, the White House is about to ask for $100 billion more.

If you're quick with the math, you'll note that $70 billion plus $100 billion is $170 billion, and that $170 billion is, oh, about 55 percent more than the $110 billion the White House had projected.

No worries, though: The White House is requesting only $145 billion for fiscal year 2008, and it's projecting that the wars will cost just $50 billion in fiscal year 2009. After that? According to the White House's budget projections, at least, the wars will be free, gratis, no charge to you and me.

Hey, you've got to balance the budget somehow.

Tim Grieve

Tim Grieve is a senior writer and the author of Salon's War Room blog.

MORE FROM Tim Grieve

Related Topics ------------------------------------------

Afghanistan Budget Showdown Iraq War War Room