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The United States has already spent more than a trillion dollars in Iraq and Afghanistan for incremental war costs; in other words, costs that are in addition to regular military salaries, tiffany key rings and support activities, weapons procurement and so on. There are other substantial incremental war-related expenditures across government for items including military medicine, military recruiting, contractors' life insurance, Social Security disability benefits and paying interest on money borrowed to finance the war.

But these figures do not include the long-term budgetary costs of veterans care, or any estimate of the economic and social costs of the wars.

It may be hard to believe, but we still do not know the true cost of the Iraq war, much less the current war in Afghanistan. The U.S. Government budget is based on cash, rather than accrual accounting. Government financial accounts track inflows and outflows of funds within a fiscal year, ignoring the long-term costs of tiffany money clips equipment, purchasing complex weapons systems and caring for disabled veterans. Basic information about outlays - what has actually been spent - is not readily available. The accounting systems at the Pentagon are notoriously poor at tracking expenditures; the Department has failed its annual financial audit for the past decade. The Congressional Budget Office, the Congressional Research Service, the General Accounting Office, the Iraq Study tiffany necklaces and the Department's own auditors and Inspector General, have all found numerous discrepancies in the Pentagon's figures. Expenditures that relate directly or indirectly to the war are fragmented among many different departmental budgets and programs, making it laborious to piece together a complete picture. Additional war funds are appropriated little by little, through supplementary budgets, making it all the more difficult to tally up the total costs.

The most detailed analysis of war costs has been conducted by the Congressional Research Service (CRS). The CRS has noted that none of the known factors in the increasing war costs, including the operating tempo of the war, the size of the force, and the use of equipment, training, weapons upgrades and so forth, "tiffany pendants to be enough to explain the size of and continuation of increases in cost." We believe this discrepancy relates to the way the war has been fought, with excessive reliance on expensive contractors and funding for core defense activities getting mixed in with war funding due to poor budgeting and accounting.

The U.S. Government also makes no attempt to capture the tiffany rings costs (including those associated with deaths or quality of life impairment of those injured), much less any tracking of how the economy might have fared in the absence of any conflict.