US cost of war at least $3.7 trillion and counting

By REUTERS
June 29, 2011 08:18

NEW YORK - When US President Barack Obama cited cost as a reason to bring troops home from Afghanistan, he referred to a $1 trillion price tag for America's wars.

Staggering as it is, that figure grossly underestimates the total cost of wars in Iraq, Afghanistan and Pakistan to the US Treasury and ignores more imposing costs yet to come, according to a study released on Wednesday.


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