Excerpt from Term Paper:

......Congress has allocated around $357 billion for the war on terror. The money is utilized for Military operations, reconstruction, security at US bases and foreign aid for Iraq and Afghanistan. The costs include $251bn for military operations in Iraq,$82bn for Afghanistan and $24bn for related foreign operations






There are also some other additional costs to the government which include making disability payments to veterans, military equipment, medical treatment, transportation costs. Recruitment costs include huge bonuses for new enlistees as well as special bonuses and benefits. The government also provides benefits to troops who re-enlist for the war. Then there are also interest costs on the money which has been borrowed to finance the war. The US already has a public debt of around $8.6 Trillion dollars and a deficit of around 500 billion dollars. There have been no taxes imposed to raise money for the war so its safe to assume that the funding for the war has been borrowed which in turn adds more burden to the US deficit. Even if the money has been borrowed at a good interest rate and repaid within the next 5 years there would still be a deficit over the next 20 years......

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