Saturday, 7 July 2007

War Costs Soar by a Third; Total Could Top $1.4 Trillion

It's not just the troops that are surging. War costs are up for American operations in Iraq -- way up, more than a third higher than last year. In the first half of this fiscal year, the Defense Department's "average monthly obligations for contracts and pay is running about $12 billion per month, well above the $8.7 billion in FY2006.

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