Afghanistan War hits the $500 billion mark

Afghanistan War hits the $500 billion mark
Published: 10 Feb, 2012
1 min read

The Afghanistan War has hit the half-a-trillion dollar mark today.  Launched under President Bush and intensified under President Obama, the war has lasted over eleven years.  Just last month, 26 US soldiers died in this war theater, and 3 have died so far this month. Overall, since the war's inception, 1,893 US soldiers have been killed and over 14,000 have been wounded.

Financially speaking, it should be noted that under both President Bush and President Obama, the Afghanistan War has been financed through deficit spending.  Since 2001, the federal budget has never been balanced, which effectively means that the war has been funded through borrowing.  And in conjunction with the Iraq War, PTSD and a startling suicide rate have plagued the US military throughout the same period.

President Obama, who ramped up spending and doubled the number of US troops in Afghanistan, plans to hand over primary security responsibility to Afghan forces by the end of 2013, a year ahead of schedule.  GOP presidential candidates Mitt Romney, Newt Gingrich, and Rick Santorum have criticized Obama's accelerated withdrawal schedule, while Dr. Ron Paul continues to be the only candidate who advocates a complete and immediate withdrawal.

You Might Also Like

New IVP 2026 California Governor Poll: What the Toplines Don’t Tell You
New IVP 2026 California Governor Poll: What the Toplines Don’t Tell You
Using verified California voter file data, IVP surveyed high-propensity voters from February 13 through 20. The poll tested first-choice ballot preferences alongside issue intensity on affordability and the cost of living, immigration enforcement, more choice reform, and more....
23 Feb, 2026
-
10 min read
81% of Americans Say Money Controls Politics – Can a Constitutional Amendment Fix It?
81% of Americans Say Money Controls Politics – Can a Constitutional Amendment Fix It?
Polls consistently show that nearly all Americans across the political spectrum agree that there is too much money in politics – whether from foreign sources, corporations, or so-called “dark money” groups. ...
23 Feb, 2026
-
13 min read
10 Reasons Why the Congressional Stock Trading Ban Will Never Pass
10 Reasons Why the Congressional Stock Trading Ban Will Never Pass
The overlap between committee assignments and stock ownership is not automatically illegal. Because the current legal framework permits this proximity as long as disclosure rules are followed, lawmakers are not operating under a system that forces change....
20 Feb, 2026
-
4 min read