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How the Iraq War's $2 Trillion Cost to US Could Have Been Spent

In war, things are rarely what they seem.

Back in 2003, in the days leading up to the U.S. invasion of Iraq, the Pentagon adamantly insisted that the war would be a relatively cheap one. Roughly $50 billion is all it would take to rid the world of Saddam Hussein, it said.

We now know this turned out to be the first of many miscalculations. Approaching its fifth year, the war in Iraq has cost American taxpayers nearly $500 billion, according to the non-partisan U.S.-based research group National Priorities Project. That number is growing every day.