News Release

Report: $21 Trillion Financial Cost of Militarization Since 9/11

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LINDSAY KOSHGARIAN, lkoshgarian@nationalpriorities.org@lindsaykosh
    Program director of the National Priorities Project, Koshgarian is co-author of the just released report: “State of Insecurity: The Cost of Militarization Since 9/11,” which states: “Over the 20 years since 9/11, the U.S. has spent $21 trillion on foreign and domestic militarization.

    “Of that total, $16 trillion went to the military — including at least $7.2 trillion for military contracts.

    “Another $3 trillion went to veterans’ programs, $949 billion went to Homeland Security, and $732 billion went to federal law enforcement. …

    “Spending on the DoD totaled $14 trillion over the last 20 years, including $1.9 trillion in funds appropriated specifically for wars through the Overseas Contingency Operations fund. Even though in recent years the fund was increasingly used for routine military expenses (or ‘base requirements’), this total falls short of estimating the true costs of the War on Terror. More than 70 percent of the Pentagon’s $14 trillion in spending over the last 20 years was for operations, purchasing and research and development. Operations and maintenance ($5.7 trillion) includes costs for operating, deploying, and maintaining weapons systems, including the military’s nearly 300 ships and more than 13,000 aircraft, and facilities, as well as training and other costs. Procurement ($2.8 trillion) includes the purchases and upgrades of major weapons systems such as ships and aircraft, as well as land vehicles, missiles, and ammunition.”