05 March 2008

Cost of Iraq War over 500 billion Dollars

The financial cost of America's war in Iraq since 2003 and the ongoing illegal occupation of that country is now more than $ 500 billion. This historic landmark line has been reached and passed today - March 5th, 2008 - at 10:43 a.m. Eastern Standard Time (3.43 p.m. GMT).

The sum is based on information from the independent American monitoring group National Priorities Project,
which analyses and clarifies US federal data so that people can understand and influence how their tax dollars are spent. It does not include the costs to human life (like soldiers killed in action) and only covers the expenses incurred by the United States.

The other countries in George W. Bush's "coalition of the willing" - most prominently Britain - are also spending huge sums of money from their national budgets on their ongoing involvement in Iraq.
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