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9/11 Wars more costly than Vietnam

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U.S. military spending on the war in Iraq has nearly matched the cost of the war in Vietnam, according to a new Congressional Research Service analysis (pdf) of the financial costs of wars throughout U.S. history. And total post-9/11 U.S. military spending has exceeded the cost of Vietnam by a considerable margin.

The ongoing war in Iraq has incurred an estimated $648 billion to date, and total post-9/11 military spending including the Iraq War, Afghanistan and other terrorism-related military expenditures has reached $859 billion, the CRS reported.

The Vietnam War (1965-1975) cost an estimated $686 billion in 2008 dollars, the CRS said.

The total cost of the American Revolution (1775-1783) was $101 million, or about $1.8 billion in 2008 dollars.

The cost of World War II (1941-1945) was about $4.1 trillion in 2008 dollars, and consumed a massive 35.8% of gross domestic product. The Iraq war represents 1% of GDP today.
Mulcahey

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