Monday, October 19, 2009

Obama's military expenditure projection

"To carry out the Obama administration's defense plans, the Pentagon will need its non-war-related spending over the next 18 years to average 6 percent more than the amount sought in its fiscal 2010 budget request, according to CBO testimony Wednesday before the House Budget Committee.

Despite efforts to cut unnecessary programs and otherwise rein in defense budgets that have spiked since 2001, the Pentagon still will need roughly $567 billion annually, in constant 2010 dollars, for its base budgets between fiscal 2011 and fiscal 2028, Matthew Goldberg, CBO acting assistant director, told the panel. That figure, which does not include war costs, marks a $33 billion increase over the fiscal 2010 base defense budget request. . .

Meanwhile, spending on operations in Iraq and Afghanistan still makes up about 35 percent, or $154 billion, of the total defense budget request for fiscal 2010. Long-term estimates on war spending hinge largely on whether and how many additional troops President Obama decides to send to Afghanistan.

Daggett also noted that each U.S. soldier deployed to Afghanistan for one year costs about $1 million. By comparison, one Afghan soldier costs $12,000 annually.

Meanwhile, the current monthly "burn rate" in Afghanistan is $3.6 billion. But that would grow to about $7.2 billion -- or the same rate that the United States is spending monthly in Iraq -- if Obama decides to send in 50,000 additional troops, he said." Link

1 comment:

Anonymous said...

Murray sez:
It seems that our current war strategy is to kill off some more of our troops, spend more billions and then pull out. This strategy will keep us consistent with Vietnam and Iraq. The media will consider it an excellent strategy because it came from Obama not Bush.