Title: Cost of Iraq War: Timeline, Economic Impact
Headings: Cost of Iraq War, Its Timeline, and the Economic Impact
Cost of Iraq War, Its Timeline, and the Economic Impact
Timeline of Iraq War Costs
FY 2003 - $90.3 Billion
FY 2004 - $90.9 Billion
FY 2005 - $105.8 Billion
FY 2006 - $108.3 Billion
FY 2007 - $155.9 Billion
FY 2008 - $196.8 Billion
FY 2009 - $132.9 Billion
FY 2010 - $83.4 Billion
FY 2011 - $50.9 Billion
2012-2014 - $7.8 Billion
2015–2016 - $38.7 Billion
Cost of the Iraq War to Veterans
Cost to Economy
Causes
Iraq After the War
Article Sources

Content: President George W. Bush launched the war to eliminate the threat from Iraq's Sunni leader, Saddam Hussein, who he believed was developing weapons of mass destruction. The Iraq War was part of the ​ War on Terror and was the U.S. response to the 9/11 terrorist attacks by al-Qaida. The war added more than $1 trillion to the U.S. debt, which included increases to the Department of Defense (DoD) and the Veterans Administration (VA) base budgets. The DoD base budget grew by $193 billion during the Iraq War, and the VA budget expanded by $47.7 billion. However, some of those increases were attributable to the War in Afghanistan . In addition, the debt amount included the $819.7 billion in Overseas Contingency Operations funds specifically dedicated to the Iraq War. That's more than the $738 billion in inflation-adjusted dollars spent on the Vietnam War and second only to the $4.1 trillion in inflation-adjusted dollars spent during World War II . The U.S. military budget includes the base budget, subject to sequestration, and extra funds appropriated to overseas wars. Timeline of Iraq War Costs
The following timeline explains the important events that occurred each year. Costs are taken from the 2014 Congressional Budget Services Report and federal government spending reports.