While President Bush urged Congress to limit spending on entitlement programs, he made no mention of the taxing cost of the Iraq war on the economy. While prewar estimates predicted that the Iraq war would cost $50-60 billion, according to the National Priorities Project, puts the current price tag at $489.6 billion dollars; when indirect costs are considered, some economists estimate that the war has cost “more than $2 trillion.” In fact, Americans spend:

- $200,000 a minute on the war.

- $275,000,000 per day

- $200 billion a year.

- $4,100 per household

More spending is on the way. According to the AP, the “White House will ask Congress next week for another $70 billion for the wars in Iraq and Afghanistan.”

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