global war on terror

G.W. Schulz | Update: Elevated Risk | July 27, 2010

Hefty price tag for global war on terror tops $1 trillion

The cost to American taxpayers of fighting wars in Iraq and Afghanistan has surpassed $1 trillion, but after adjusting for inflation, World War II continues to reach a far higher price at more than $4 trillion. A new report from the Congressional Research Service warns against too closely comparing armed conflicts the United States has engaged in, but it’s nonetheless a useful exercise to consider how the global war on terror figures into the nation’s history.






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