Cost of the Iraq and Afghanistan Wars

Chart 1: Cost of the Iraq and Afghanistan Wars (billions of dollars)

As can be seen in the chart, during the period 2001 to 2006, the funds for the war were more and more increased. In the beginning of the period the cost of the Iraq and Afghanistan Wars was approximately $19 billion and by far in 2006 had grown to $170 billion. The maximum rise was from 2002 to 2003. Base on past years, we estimate there may be $20 billion in supplemental war spending for 2007 and 2008.