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Home » Archives » March 2006 » U.S. War Spending to Rise 44% to $9.8 Bln a Month, Report Says

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03/21/2006:

"U.S. War Spending to Rise 44% to $9.8 Bln a Month, Report Says"

March 17 (Bloomberg) -- U.S. military spending in Iraq and Afghanistan will average 44 percent more in the current fiscal year than in fiscal 2005, the nonpartisan Congressional Research Service said.

Spending will rise to $9.8 billion a month from the $6.8 billion a month the Pentagon said it spent last year, the research service said. The group's March 10 report cites ``substantial'' expenses to replace or repair damaged weapons, aircraft, vehicles, radios and spare parts.

It also figures in costs for health care, fuel, national intelligence and the training of Iraqi and Afghan security forces -- ``now a substantial expense,'' it said.

The research service said it considers ``all war and occupation costs,'' while the Pentagon counts just the cost of personnel, maintenance and operations.
bloomberg.com

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