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Cost of Iraq & Afghanistan Wars Tops $500 Billion

HeadlineOct 02, 2006

The Senate has unanimously approved spending seventy billion dollars more for military operations in Iraq and Afghanistan. Every Democratic Senator approved the money for the Iraq war. Congress has now approved spending just over half of a trillion dollars on the two wars. A new Congressional study found that the war in Iraq is now costing about two billion dollars a week — nearly twice what it cost in 2003. On Friday, the Senate approved the Pentagon’s four hundred forty-eight billion dollar budget for next year. It marks the largest Pentagon budget ever. Congress also approved giving the Israeli military an additional five hundred million dollars. The money is not part of the regular military aid to Israel, which currently stands at over two billion dollars a year.

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