The Costs of War project, based in Brown University’s Watson Institute for International and Public Affairs, recently released a report showing that spending on wars and the Department of Homeland Security has reached more than $3.6 trillion.
“This is the most
comprehensive analysis of the budgetary costs available, produced as part of
the Costs of War Project, a large research team assessment of the wider, and
also staggering, human and social impact of the wars,” Costs of War co-director Catherine Lutz, a Brown professor of anthropology, said.
In addition to the
current costs, which increases to $4.79 trillion when considering the coming
fiscal year, the figure balloons to a potential $7.9 trillion when interest
figures are added in. The study, titled “U.S. Budgetary Costs of Wars through
2016: $4.79 Trillion and Counting,” suggests that overseas contingency
operations spending will contribute more than $1 trillion to the national debt
“One of the major
lessons of the post-9/11 wars, which applies to all wars, is to beware of
promises of quick military victories and inexpensive occupations — wars
generally cost a lot of money from start to finish and ultimately to their long
aftermath in the lives of veterans and their families,” Costs of War co-director Neta Crawford, from Boston University, said.
Organizations in this story
Want to get notified whenever we write about Brown University ?
Next time we write about Brown University, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.Sign-up for Alerts
- Sticker shock: Which 2-year U.S. schools charge the lowest in-state tuition?
- Analysis: Which college ice hockey program grossed the most in the U.S.
- SAMFORD UNIVERSITY: Guardian Credit Union FCS KickOff FanFest and Barbecue to be Held August 23
- CALIFORNIA INSTITUTE OF TECHNOLOGY: Amgen Foundation Honors David Baltimore with Gift to Caltech
- The price of education: Which 2-year Colorado schools charge the lowest in-state tuition?
- Analysis: Which college wrestling program grossed the most in the U.S.
- SAMFORD UNIVERSITY: Samford University Ranked No. 34 Nationally, Top in Alabama on Kiplinger’s “Best College Values” List
- CALIFORNIA INSTITUTE OF TECHNOLOGY: Jennifer Lum Named Caltech General Counsel
- ALMA COLLEGE: Six STUNT Athletes Named All-Americans
- AMERICAN UNIVERSITY: Plans to Prosper You: Reflections of Black Resistance and Resilience in Montgomery County's Potomac River Valley to be Held July 30