The Associated Press is reporting that private analysts now estimate the total cost of the invasion and reconstruction of Iraq will be $600 billion. The estimate is far higher than anything put forward by the Pentagon which estimates it is spending $3.9 billion a month but that does not include the cost of replacing damaged equipment or the cost of munitions used in the invasion.
New Cost of War Estimate & Reconstruction in Iraq tops $600B
HeadlineAug 12, 2003