February 13, 2008 11:45AM 

# Iraq War Spending: 2001-present 

By [Jim Harper](https://www.cato.org/people/jim-harper) 

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The CBO has issued a report titled “[Analysis of the Growth in Funding for Operations in Iraq, Afghanistan, and Elsewhere in the War on Terrorism](http://www.cbo.gov/ftpdocs/89xx/doc8971/02-11-WarCosts_Letter.pdf).”

I ran the figures through the Net Present Value calculator I use at [Wash​ing​ton​Watch​.com](http://www.washingtonwatch.com/). (The amount you’d have to put in the bank for future spending, or the amount you’d have in the bank but for past spending.)

The results? A little over $8,600 per U.S. family, or $2,700 per person.

##### Related Tags 

[Defense and Foreign Policy](https://www.cato.org/defense-foreign-policy), [Tax and Budget Policy](https://www.cato.org/tax-budget-policy) 

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