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Iraq war has cost US $350 billion

The war in Iraq has cost the United States more than $350 billion since the March 2003 invasion, according to an AFP review of Congress figures.

DNA Web Team

Updated : Nov 19, 2013, 11:17 PM IST

WASHINGTON: The war in Iraq has cost the United States more than $350 billion since the March 2003 invasion, according to an AFP review of Congress figures.

About $290 billion, including $254 billion for military operations, were allocated for the war in fiscal year 2006, which closed on September 30, according to a September 22 report by the Congressional Budget Office.

The Congressional Research Service estimated the cost at $319 billion, representing 73 percent of US spending for the War on Terror launched after the September 11, 2001 attacks on the United States.

Congress has approved $70 billion for the War on Terror in the 2007 defense budget that includes about $50 billion for the Iraq conflict, bringing the three-and-a-half-year spending over $350 billion.

A Democratic Senator said last month that the Defense Department will request an additional $127 billion for the wars in Iraq and Afghanistan, an amount that would bring the cost of the War on Terror over $500 billion.

The new funding request would make the War on Terror more expensive for the United States than Washington's spending during the Vietnam War that ended in 1975.

The Congressional Research Service said in a September report that the cost of the war in Iraq rose this year to $8 billion a month, compared to 6.4 billion a month last year.

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