cost of war

In the name of the fight against terrorism, the United States is currently waging “credit-card wars” in Afghanistan, Iraq, Syria, and elsewhere. Never before has this country relied so heavily on deficit spending to pay for its conflicts. The consequences are expected to be ruinous for the long-term fiscal health of the U.S., but they go far beyond the economic. Massive levels of war-related debt will have lasting repercussions of all sorts.

(CD) — As Americans rushed to pay their taxes on Tuesday before the official deadline, peace groups reminded the public of the uncomfortable fact that an “astronomical amount” of the money sent to the IRS each year goes not to funding education or a single-payer healthcare system the U.S. supposedly can’t afford, but straight into the bloated coffers […]