CBO on Iraq Spending

07.14.06 | 1 min read | Text by Steven Aftergood

The Congressional Budget Office has prepared a new account (pdf) of U.S. spending in Iraq in response to a request from Rep. John Spratt (D-SC).

“The Congress has appropriated $432 billion for military operations and other activities related to the war on terrorism since September 2001. According to CBO’s estimates, from the time U.S. forces invaded Iraq in March 2003, $290 billion has been allocated for activities in Iraq.”

For reasons explained in the report, the estimates are slightly lower than those prepared recently by the Congressional Research Service (pdf).

See “Estimated Costs of U.S. Operations in Iraq Under Two Specified Scenarios,” Congressional Budget Office, July 13.