Eight Years of Iraq War Cost Less Than Stimulus Act

Was the Iraq war expensive?

The Congressional Budget Office (CBO), a non-partisan fiscal watchdog of the federal government, has pointed out how the costs of the entire Iraq war is less than the federal deficits in each of the ongoing wars’ years.

Excerpts Italicized:

As President Obama prepares to tie a bow on U.S. combat operations in Iraq, Congressional Budget Office numbers show that the total cost

of the eight-year war was less than the stimulus bill passed by the Democratic-led Congress in 2009.

According to CBO numbers in its Budget and Economic Outlook published this month, the cost of Operation Iraqi Freedom was $709 billion for military and related activities, including training of Iraqi forces and diplomatic operations.

The projected cost of the stimulus, which passed in February 2009, and is expected to have a shelf life of two years, was $862 billion.

It is also interesting to note that the stimulus bill passed in 2009 was more expensive than all 7 years of the Iraq war. Also, this years deficit is projected to be larger than the cost of the Iraq war.

So many are quick to point out how expensive the Iraq war has been / is but do those same people have a grasp of how much anything else in government costs (let alone the money the government is borrowing from future taxes just to keep things going) ?

(Original LInk) FOXNews.com - CBO: Eight Years of Iraq War Cost Less Than Stimulus Act