1. Hidden Costs of War
- Author:
- William D. Hartung
- Publication Date:
- 03-2003
- Content Type:
- Working Paper
- Institution:
- Fourth Freedom Forum
- Abstract:
- The Bush administration's war on terrorism and its proposed military intervention in Iraq have sparked the steepest increases in military and security spending in two decades. Since September 11, 2001, the federal government has approved over $110 billion in increased military spending and military aid. Spending on national defense is slated to reach $399 billion in the Fiscal Year 2004 budget, and to rise to over $500 billion annually by the end of this decade. These vast sums do not include the costs of the ongoing war in Afghanistan or a war with Iraq. Steven Kosiak of the Center for Strategic and Budgetary Assessments estimates that only 5 to 10 percent of the Fiscal Year 2003 Pentagon budget is being set aside for anti-terror activities and homeland security.
- Topic:
- Security, Economics, Government, Terrorism, and War
- Political Geography:
- Afghanistan, United States, Iraq, and Middle East