IRAQ WAR COSTS $US100,000 A MINUTE
AFGHANISTAN WAR COSTS $18.000 A MINUTE
US TO HAVE 1/2 TRILLION DOLLAR DEFENCE BUDGET FOR 2007
"....the price tag for combat and nation-building since Sept. 11, 2001, to nearly a half-trillion dollars, approaching the inflation-adjusted cost of the 13-year Vietnam War.
"Currently, the Defense Department says it is spending about $4.5 billion a month on the conflict in Iraq, or about $100,000 per minute.
"Current spending in Afghanistan is about $800 million a month, or about $18,000 per minute.
"The rising costs contrast with projections before the war. Former White House economic adviser Lawrence Lindsey predicted in late 2002 that the war would cost between $100 billion and $200 billion, drawing administration ire for offering such high estimates and eventually resigning his post."
US TO HAVE 1/2 TRILLION DOLLAR DEFENCE BUDGET FOR 2007"In its regular budget, which will be released Monday, the administration will request a nearly 5 percent increase in funding for the Pentagon for fiscal 2007, to $439.3 billion, said a senior defense official, who spoke on condition of anonymity."
