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United States Budgetary Costs and Obligations of Post-9/11 Wars through FY2020: $6.4 Trillion — Neta C. Crawford

Summary:
Since late 2001, the United States has appropriated and is obligated to spend an estimated .4 Trillion through Fiscal Year 2020 in budgetary costs related to and caused by the post-9/11 wars—an estimated .4 Trillion in appropriations in current dollars and an additional minimum of Trillion for US obligations to care for the veterans of these wars through the next several decades. 2 The mission of the post-9/11 wars, as originally defined, was to defend the United States against future terrorist threats from al Qaeda and affiliated organizations. Since 2001, the wars have expanded from the fighting in Afghanistan, to wars and smaller operations elsewhere, in more than 80 countries — becoming a truly “global war on terror.” Further, the Department of Homeland Security was created in

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Since late 2001, the United States has appropriated and is obligated to spend an estimated $6.4 Trillion through Fiscal Year 2020 in budgetary costs related to and caused by the post-9/11 wars—an estimated $5.4 Trillion in appropriations in current dollars and an additional minimum of $1 Trillion for US obligations to care for the veterans of these wars through the next several decades. 2 The mission of the post-9/11 wars, as originally defined, was to defend the United States against future terrorist threats from al Qaeda and affiliated organizations. Since 2001, the wars have expanded from the fighting in Afghanistan, to wars and smaller operations elsewhere, in more than 80 countries — becoming a truly “global war on terror.” Further, the Department of Homeland Security was created in part to coordinate the defense of the homeland against terrorist attacks....
Overreaction to 9/11, or investment in maintaining global dominance?

Watson Institute of Brown University and The Fredrick S. Pardee Center of Boston University
United States Budgetary Costs and Obligations of Post-9/11 Wars through FY2020: $6.4 Trillion Neta C. Crawford, November 13, 2019

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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