Articles by Brown University Watson Institute for International and Public Affairs
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Economic Costs of US Wars
Brown University Watson Institute for International and Public Affairs – TRANSCEND Media Service,
30 May 2016
The USA has spent or obligated 4.4 trillion dollars on the wars in Afghanistan, Pakistan, and Iraq paid almost entirely by borrowing, which has raised the US budget deficit, increased the national debt, and had other macroeconomic effects, such as raising consumer interest rates. We estimate that interest payments over war borrowings could total over $7 trillion by 2053.
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