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Iraq War To Remain A Significant U.S. Debt-Driver For Years To Come

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Via: Huffington Post

In the 10 years since the beginning of the Iraq war, the costs of war have been compared to the benefits of freedom at a near constant rate. Thanks to its large-scale impact on the country’s federal debt, it’s a debate with no end in sight.

The Iraq war has so far cost the U.S. about $800 billion — NOT including continuing payments to veterans — and it’s poised to be major driver of the deficit for years to come.

Add to that the costs of the Afghanistan war and the Bush-era tax cuts for the wealthy, and you’ll account for almost HALF of the DEBT that the nation is set to owe by 2019, according to the Center on Budget Policy and Priorities, a left-leaning think tank.

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Read more, HERE:

http://www.huffingtonpost.com/2013/03/19/iraq-war-us-debt_n_2908909.html?utm_hp_ref=business

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Before I forget, HAPPY ANIVERSARY!

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March 20, 2013 - Posted by | GOP morons | , , , , , ,

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