New CBO Estimate of War Spending
by Matt Lewis, 10/25/2007
CBO has an new cost estimate of all the wars we're in.
The war spending will accrue an estimated $700 billion in interest on the debt, bringing the top total estimate to $2.4 trillion.
Could CBO do a "pay-for" analysis, too? Like Jason Furman did on the tax cuts? Even the Bush administration hasn't claimed that wars pay for themselves.
