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$14 Million An Hour: War Costs Top $1.6 Trillion Since 9/11, Say Congressional Researchers | David Sirota

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The United States military headquarters, the Pentagon, is seen in this aerial view on Sept. 28, 2008. REUTERS/Jason ReedU.S. military headquarters, the Pentagon, aerial view Sept. 28, 2008. REUTERS/Jason Reed

Dec. 22, 2014 (IBT) -- American taxpayers have shelled out roughly $1.6 trillion on war spending since 9/11, according to a new report from Congress' nonpartisan research arm. That's roughly $337 million a day -- or nearly a quarter million dollars a minute -- every single day for 13 years.

The $1.6 trillion estimate, which comes to $14 million per hour since 9/11, from the Congressional Research Service is up roughly half a trillion dollars from its 2010 estimate, which found that the post-9/11 military operations are second only to World War II in terms of financial cost.

In its report, which was released earlier this month, CRS finds that the 92 percent of the war-related expenditures since 9/11 have flowed into the Pentagon. Just 6 percent has been spent on foreign assistance and diplomacy, and 1 percent on medical services for veterans.

READ MORE: International Business Times

 

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    Monday, December 29 2014
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    Monday, December 29 2014
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