Iraq War Second Costliest Ever - Fuelling Debt

Scene From 'The New Iraq'

“The war made people worse off during the last decade and it added to the debt load on every American,” said Bilmes, who co-wrote the 2008 book “The Three Trillion Dollar War: The True Cost of the Iraq Conflict” with Joseph Stiglitz. She said they now estimate the price tag at $4 trillion.
Brown University’s “Costs of War” project estimates the overall expense of the wars since the Sept. 11 terrorist attacks at $5.1 trillion, of which $3.2 trillion can be attributed to Iraq, said Catherine Lutz, the project’s co-director and a professor of anthropology at Brown’s Watson Institute for International Studies. Read more.