![Americans owe more than $6 trillion for wars in Afghanistan and Iraq — and that's just the interest](https://cbsnews3.cbsistatic.com/hub/i/r/2021/08/18/1acf5ded-5476-4be0-a493-ae72c45425f9/thumbnail/1200x630/c47492c12b4c87706fdf27c2d68fa101/gettyimages-118331332.jpg)
Americans owe more than $6 trillion for wars in Afghanistan and Iraq — and that's just the interest
CBSN
Although the U.S. is trying to turn the page on two decades of war in the Middle East, American taxpayers can expect to pay for those conflicts for decades to come.
The ultimate cost of the nation's engagements in Afghanistan and Iraq, on top of the incalculable personal toll on combatants and civilians, reflects a shift in how war has typically been financed. From the American Civil War through the Korean War, the U.S. government has mostly paid for its conflicts through taxes and war bonds. But in the post-September 11 era, U.S. military spending has been financed almost entirely through debt. Since the September 11 attacks, the U.S. government has spent $2.2 trillion to finance the wars in Afghanistan and Iraq, according to figures from Brown University's Costs of War Project. Yet that sum — which amounts to roughly 10% of the the country's total gross domestic product — only reflects upfront costs.![](/newspic/picid-6252001-20250214202746.jpg)
Vice President JD Vance and Ukrainian President Volodymyr Zelenskyy held a high-stakes meeting at this year's Munich Security conference to discuss the Trump administration's efforts to end the war in Ukraine. Vance said the U.S. seeks a "durable" peace, while Zelenskyy expressed the desire for extensive discussions to prepare for any end to the conflict.
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Washington — The Trump administration on Thursday intensified its sweeping efforts to shrink the size of the federal workforce, the nation's largest employer, by ordering agencies to lay off nearly all probationary employees who hadn't yet gained civil service protection - potentially affecting hundreds of thousands of workers.
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It was Labor Day weekend 2003 when Matt Scribner, a local horse farrier and trainer who also competes in long-distance horse races, was on his usual ride in a remote part of the Sierra Nevada foothills — just a few miles northeast of Auburn, California —when he noticed a freshly dug hole along the trail that piqued his curiosity.