Wars Will Triple Military Spending In Iraq, Afghanistan Next Year...

First Posted: 03/28/08 03:43 AM ET Updated: 05/25/11 12:55 PM ET

Associated Press:

The annual cost of replacing, repairing and upgrading Army equipment in
Iraq and Afghanistan is expected to more than triple next year to more than $17 billion, according to Army documents obtained by the Associated Press.

From 2002 to 2006, the Army spent an average of $4 billion a year in annual equipment costs. But as the war takes a harder toll on the military, that number is projected to balloon to more than $12 billion for the federal budget year that starts next Oct. 1, the documents show.

Read the whole story: Associated Press

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Filed by Katharine P. Jose  | 
 
 



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