Wednesday, May 15, 2013

The Financial Legacy of Iraq and Afghanistan

"If military action is worth our troops’ blood, it should be worth our treasure, too — not just in the abstract, but in the form of a specific ante by every American." -Andrew Rosenthal 10 Feb. 2013

Each Injured US Soldier Will End Up Costing $2 Million On Average
May 15, 2013 - For every one of the 866,181 soldiers officially counted injured casualties in Iraq and Afghanistan, the government is expected to spend some $2 million in long-term medical cost.

The total of $1.7 trillion is based on a widely cited March 2013 paper by Linda Bilmes at Harvard’s Kennedy School. It includes $800 billion already spent on injured veterans along with the cost of long-term care for an additional 50,000 current casualties counted by the Pentagon.

Since 2001, the VA has spent $134.3 billion to care for veterans. read more>>>

* * * The Financial Legacy of Iraq and Afghanistan: How Wartime Spending Decisions Will Constrain Future National Security Budgets * * *

The Financial Legacy of Iraq and Afghanistan

Tax cuts came with these wars, as the country abandoned the main missions for even sending our military into that region to invade another, told to go shopping, while the wealthy got huge cuts!

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