As of August 2017, the Department of Defense (DoD) had obligated $1.474 trillion for war-related costs since September 11, 2001. DoD updated its official cost report last month. See Cost of War Update as of August 31, 2017.
Average monthly spending in 2017 was $3.9 billion, up from an average of $3.5 billion in 2016, the report said.
The total post-9/11 spending figure includes $83 billion in classified appropriations, not including non-DoD classified expenditures (e.g. CIA spending).
The reported costs of war are highly dependent on the definition of the term. DoD’s total figure, which does not include many kinds of indirect costs, is substantially lower than estimates by other analysts such as the Watson Institute at Brown University, which placed the total figure at $5.6 trillion as of November 2017.
The DoD report also understates the number of US troops deployed in Afghanistan, Iraq and Syria.
A supply-side tax credit (STC) could offer a tax incentive to material suppliers and professional service consultants that provide goods or services to affordable housing projects.
The Department of Housing and Urban Development (HUD), Department of Commerce, and Department of Transportation should jointly develop and manage a data resource—a Housing Production Dashboard—to track housing production within and across states.
Exempting affordable housing from volume caps would address the underlying issue and have the greatest impact in this housing emergency.
To increase the supply of affordable homes, Congress should make greater investments in the National Housing Trust Fund (HTF).