By Brad Friedman on 2/4/2006, 2:49pm PT  

Yes, that's right. The War on Iraq is now costing the United States $100,000 of your tax dollars per minute:

The White House said Thursday that it plans to ask Congress for an additional $70 billion to pay for the wars in Iraq and Afghanistan, driving the cost of military operations in the two countries to $120 billion this year, the highest ever.

Most of the new money would pay for the war in Iraq, which has cost an estimated $250 billion since the U.S. invasion in March 2003.

The additional spending, along with other war funding the Bush administration will seek separately in its regular budget next week, would push the price tag for combat and nation-building since Sept. 11, 2001, to nearly a half-trillion dollars, approaching the inflation-adjusted cost of the 13-year Vietnam War.
...
No large-scale reconstruction projects are included in the spending, officials said.

Currently, the Defense Department says it is spending about $4.5 billion a month on the conflict in Iraq, or about $100,000 per minute.

Heckuva job.

By way of contrast, you may remember what Deputy Defense Secretary Paul Wolfowitz told Congress about the cost of the war on March 27, 2003: "We're dealing with a country that can really finance its own reconstruction, and relatively soon."

And before that, while the Administration was ensuring we'd go to war with Iraq no matter what, Rummy said on January 19, 2003: "The Office of Management and Budget, has come up come up with a number that's something under $50 billion for the cost. How much of that would be the U.S. burden, and how much would be other countries, is an open question."

Here's a few other similar statements from members of the most failed Administration in the history of the United States.