If the administration's request for 2008 is funded in full, appropriations for military operations and other war-related activities in Iraq, Afghanistan, and elsewhere in the war on terrorism will rise to $188 billion this year and to a cumulative total of $752 billion since 2001. It can be difficult to truly grasp how large a number is $752 billion. Let me offer some comparisons. According to Forbes Magazine, the world's most expensive car, a 1930 Bugatti Type 41 Royale, is worth an estimated $10 million. For $752 billion, one could own a fleet--a fleet--of 75,200 Bugatti Type 41 Royales; that is, if more than 6 had ever been made, or for $752 billion one could purchase 442 space shuttles at $1.7 billion each, according to NASA. Here is one final comparison: According to the Bureau of the Census, the average price of a home in the United States in 2007 was $311,600.
Cord Byrd: “If the administration's request for 2008 is funded in full, appropriations for military operations and other war-related…”
Editor's note · Context
Discussing the financial implications of U.S. military operations in Iraq and Afghanistan.
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