Institute for National and Democratic Studies

Archive for March 10th, 2008

Studies: Iraq costs US $12B per month

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http://news.yahoo.com/nphotos/Baghdad2C-Iraq-Brigade-Combat-team/photo//080307/481/8e45876fb4744813a184e9578bceb51b//s:/ap/20080310/ap_on_re_mi_ea/iraq_war_costs;_ylt=Av1z5p5lhUjneXQv9iaSrj4UewgF

By CHARLES J. HANLEY, AP Special Correspondent

The flow of blood may be ebbing, but the flood of money into the Iraq war is steadily rising, new analyses show. In 2008, its sixth year, the war will cost approximately $12 billion a month, triple the “burn” rate of its earliest years, Nobel Prize-winning economist Joseph E. Stiglitz and co-author Linda J. Bilmes report in a new book. Read the rest of this entry »

Written by INDIES

March 10, 2008 at 9:34 am