This paper attempts to provide a more complete reckoning of the costs of the Iraq War, using standard economic and …, and the CBO's estimates put the projected total direct costs at around $500bn. These figures, however, greatly … underestimate the War's true costs. We estimate a range of present and future costs, by including expenditures not in the $500bn CBO …

Three years ago, as America was preparing to go to war in Iraq, there were few discussions of the likely costs. When … established. Clearly, the benefits of the War have been markedly different from those claimed. So too for the costs. It now … appears that Lindsey was indeed wrong - by grossly underestimating the costs.... The Congressional Budget Office has now …