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Friday, March 29, 2013

More than half of troops discharged treated at the VA

Iraq, Afghan wars will cost $4 trillion to $6 trillion, Harvard study says
By Alan Zarembo
Los Angeles Times
Published: March 29, 2013
Of the 1.56 million troops that have been discharged, more than half have received treatment at Veterans Affairs facilities and filed claims for lifetime disability payments, the study found.
The wars in Iraq and Afghanistan will ultimately cost between $4 trillion and $6 trillion, with medical care and disability benefits weighing heavily for decades to come, according to a new analysis.

The bill to taxpayers so far has been $2 trillion, plus $260 billion in interest on the resulting debt. By comparison, the current federal budget is $3.8 trillion.

The costs of the wars will continue to mount, said the study's author, Linda Bilmes, a public policy expert at Harvard University.

The largest future expenses will be medical care and disability benefits for veterans, Bilmes predicted. "The big, big cost comes 30 or 40 years out," she said.

The wars, taken together, will be the most expensive in U.S. history — and not just because of their duration. The government has greatly expanded the services available to veterans and military personnel over the last decade. Compared with past conflicts, a far greater proportion of returning service members are seeking medical care and benefits.
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