18 December 2015

The Cost Of Fighting ISIS Compared To Iraq Afghanistan

http://econintersect.com/pages/contributors/contributor.php?post=201512141902&utm_medium=email&utm_campaign=Daily%20Global%20Economic%20Intersection%20Newsletter%20Feed&utm_content=Daily%20Global%20Economic%20Intersection%20Newsletter%20Feed+CID_f8a142e65d86990ad68c713c337bbaba&utm_source=newsletter&utm_term=The%20Cost%20Of%20Fighting%20ISIS%20Compared%20To%20Iraq%20Afghanistan
by Felix Richter, Statista.com  -- this post authored by Niall McCarthy

So far, $6.2 billion has been allocated for military operations against the so-called Islamic State, according to the U.S. Department of Defense.
Most of that, $5.4 billion, was allocated for fiscal year 2015 with the campaign costing an estimated $11 million each day. Even though the conflict in the Afghanistan is winding down, it still cost the U.S. over $35 billion in 2015 while another $30 billion was allocated to a Pentagon "slush fund" not directly related to conflict but used to evade legislated budget caps. Since 2001, a grand total of $715 billion has been spent on the war in Afghanistan while Iraq cost somewhere in the region of $1.64 trillion.

This chart shows total war funding allocated through the Overseas Contingency Operations fund (2001-2015).




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