Jimmy's weblog

http://www.washingtonpost.com/wp-dyn/articles/A45117-2003Sep8.html

To put it in perspective, Bush hopes to spend more in Iraq and Afghanistan than all 50 states say they need — $78 billion — to finance the budget shortfalls they anticipate for 2004.

The request is higher than the $74 billion the Defense Department plans to spend on all new weapons purchases next year, and higher than the $29.5 billion the Education Department hopes to spend on elementary and secondary education plus the $41.3 billion the administration plans to spend to defend the homeland.

With $166 billion spent or requested, Bush’s war spending in 2003 and 2004 already exceeds the inflation-adjusted costs of the Revolutionary War, the War of 1812, the Mexican War, the Civil War, the Spanish American War and the Persian Gulf War combined, according to a study by Yale University economist William D. Nordhaus. The Iraq war approaches the $191 billion inflation-adjusted cost of World War I.