Iraq war spending led to decimation of US economy, economists say

Official estimates traditionally put the costs of the Iraq War at less than $1 trillion while the Department of Defense has calculated it to be about $800 billion. However, a recent report by some economists suggests the actual costs are more than $2 trillion.

Host Carmen Russell-Sluchansky spoke with Catherine Lutz, professor at the Watson Institute for International Studies at Brown University, and Lawrence J. Korb, a senior fellow at the Center for American Progress where he focuses on the federal budget, military and national security, to discuss the true economic costs of the Iraq war.


About Carmen Munir Russell-Sluchansky 360 Articles
Carmen is a multimedia journalist based in Washington, DC whose work has appeared in a variety of outlets including National Geographic, NBC News, the BBC, Asia! Magazine, The China Post, Chicago Tribune and Orlando Sentinel.