Summary Costs of War Iraq, Afghanistan, and Pakistan FY2001-2014, Billions of Current Dollars

Summary Costs of War Iraq, Afghanistan, and Pakistan FY2001-2014, Billions of Current Dollars Federal Appropriations and Obligations Total FY2001-2014 Iraq (DOD and State) 823.75 Afghanistan (DOD and State) 718.62 Pakistan (DOD and State) War Related Aid and Reimbursement 19.35 Operation Noble Eagle 28.97 War Related Increases to Pentagon Base (1) 836.10 War Related Veterans Care and Disability (2) 160.39 Estimated Homeland Security War Related Increase 471.62 Interest Payments for Direct War (3) 315.70 Total Spent FY2001-FY2014 (4) 3,374.5 Estimate of Future Obligations Incurred for Veterans Care, NPV FY2015-2054 (5) 1,000 TOTAL SPENT AND OBLIGATED THROUGH FY 2014 (4) 4,374.5 Additional Cumulative Interest on Past Pentagon and State/USAID War Appropriations FY2001-2013 by 2054 (6) >7,900 Notes: 1. Includes spending for military reset, medical care, and base related overseas contingency operations in Trans Sahara and Horn of Africa and procurement. Excludes Operation Noble Eagle. 2. Includes additional administrative expenses for VA and costs of veterans medical and disability in the VA and through Social Security. 3. Calculated on DOD and State Department Expenditures for Iraq, Afghanistan and ONE through FY2013. 4. Totals may not add due to rounding. 5. Estimate of Net Present Value (NPV) for future spending for Veterans obligations incurred through 2014. Does not include all future veterans, those still in active duty. 6. Estimated using Solow model-to-model feedbacks from deficit-financed government defense spending into current GDP, the capital stock, and interest rates. The severity of the burden of war-related interest payments will depend on many factors, not least, the overall future health of the U.S. economy, interest rates, government fiscal policy, and national saving. Shore attributable to Iraq: c. $1.71 trillion, not including future war costs of veterans care; $2.21 trillion including future costs of veterans care to 2054. Shore attributable to Afghoniston/Pakistan: c. $1.65 trillion, not including future war costs of veterans care; $2.15 trillion including future costs of veterans care to 2054. EFTA00607359