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Iraq War Price TAG: $99 Billion to $2 Trillion

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posted on Dec, 9 2002 @ 01:12 PM
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Study: War with Iraq could cost U.S. nearly $2 trillion over a decade


"WASHINGTON (AP) - In the worst case, a war with Iraq could cost the United States almost as much as the government spent in the last budget year - nearly $2 trillion, according to new projections.

Researchers concluded in a study released Thursday that war with Iraq could cost the United States from $99 billion to more than $1.9 trillion over a decade.

The lower figure assumes a successful military, diplomatic and nation-building campaign; the higher figure assumes a prolonged war with a disruption of oil markets and a U.S. recession, the authors say in a study by the American Academy of Arts and Sciences.

Both figures assume a U.S. involvement in the country for 10 years."

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