As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by WSJ.com:
WASHINGTON—The U.S. has spent as much as $2.8 trillion on the fight against terrorism since the Sept. 11, 2001, terrorist attacks, according to a study published Wednesday.
The report from the Washington-based Stimson Center think tank said the figure included spending on the wars in Afghanistan, Iraq and Syria, in addition to homeland-security efforts and overseas programs. Spending on counterterrorism reached a peak of $260 billion in 2008, accounting for more than a fifth of the government’s discretionary budget.
The article goes on to state the following:
The report said the U.S. lacked a system for accounting for spending on counterterrorism and that loopholes have increasingly allowed billions to be spent on items that shouldn’t qualify for emergency funding.
“The Stimson study group found a variety of weaknesses in definitions, tracking, and consistencies that limit accuracy and contribute to a lack of transparency regarding the current data,” the report said. “These weaknesses make it difficult to evaluate whether CT spending has been effective.”
The study notes that the White House Office of Management and Budget’s annual homeland-security report, which tracked spending in different areas of government, has been discontinued this year.
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Our new report finds the #US has spent $2.8 trillion from 2002-2017 on #counterterrorism programs but that figure could be more or less due to a lack of transparency and shifts in CT spending definitions. Read more here: https://t.co/vi5qhbEznm
— Stimson Center (@StimsonCenter) May 16, 2018
Staggering. That means the US alone spends around 18 times more on counter terrorism than the entire global community spends on peacebuilding activities. @StimsonCenter report here https://t.co/LaJ1ZVpDRE https://t.co/KFa9j3XYuC
— Daniel Hyslop (@DanHyslop) May 17, 2018
Did you know that last year the US spent $4.8 million per day on #counterterrorism but we don’t have any consistent data to know how effective that spending has been? Check out this cool interactive report to learn more! https://t.co/hVCBFxEKx5
— Audel Shokohzadeh (@AudelShoko) May 16, 2018