Tuesday, June 21, 2005

Another Milestone

The cost of the war in Iraq is about to exceed the entire cost of the Korean War.

Lawmakers in the United States were scheduled to vote on Monday to approve $45 billion US in additional funding for operations in Iraq and Afghanistan, making the recent Middle East foray more expensive than the entire Korean War.

Since the Sept. 11 attacks, Congress has approved $350 billion, mostly for combat and reconstruction in Iraq and Afghanistan.

The amount, which includes $82 billion approved last month, is equal to the total amount in today’s dollars spent on the Korean conflict from 1950-53.

More than 54,000 U.S. troops were killed and 103,000 wounded in that conflict when the U.S.-led United Nations force pushed back a North Korean invasion into South Korea.

Monday’s bill before the House of Representatives would give the Pentagon a total of $364 billion, about a three per cent increase, for its operations for the 2006 budget year that begins Oct. 1. [CBC News via Raw Story]

For that amount of money, you’d think we could have just bought the damn country.