U.S. military spending on the war in Iraq has nearly matched the cost of the war in Vietnam, according to a new Congressional Research Service analysis (pdf) of the financial costs of wars throughout U.S. history. And total post-9/11 U.S. military spending has exceeded the cost of Vietnam by a considerable margin.
The ongoing war in Iraq has incurred an estimated $648 billion to date, and total post-9/11 military spending including the Iraq War, Afghanistan and other terrorism-related military expenditures has reached $859 billion, the CRS reported.
The Vietnam War (1965-1975) cost an estimated $686 billion in 2008 dollars, the CRS said.
The total cost of the American Revolution (1775-1783) was $101 million, or about $1.8 billion in 2008 dollars.
The cost of World War II (1941-1945) was about $4.1 trillion in 2008 dollars, and consumed a massive 35.8% of gross domestic product. The Iraq war represents 1% of GDP today.
These estimates include various caveats and limitations spelled out by CRS.
“All estimates are of the costs of military operations only and do not include costs of veterans benefits, interest paid for borrowing money to finance wars, or assistance to allies,” the CRS report indicated.
“Comparisons of costs of wars over a 230 year period… are inherently problematic,” the new report cautioned. See “Costs of Major U.S. Wars,” Congressional Research Service, July 24, 2008.
FAS and FLI partnered to build a series of convenings and reports across the intersections of artificial intelligence (AI) with biosecurity, cybersecurity, nuclear command and control, military integration, and frontier AI governance. This project brought together leaders across these areas and created a space that was rigorous, transpartisan, and solutions-oriented to approach how we should think about how AI is rapidly changing global risks.
Investment should instead be directed at sectors where American technology and innovation exist but the infrastructure to commercialize them domestically does not—and where the national security case is clear.
To tune into the action on the ground, we convened practitioners, state and local officials, advocates, and policy experts to discuss what it will actually take to deploy clean energy faster, modernize electricity systems, and lower costs for households.
From grassroots community impacts to global geopolitical dynamics, understanding developing data center capacities is emerging as a critical analytical challenge.