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A protester holds a sign decrying US militarism against Venezuela, with the message "No to War," during a March 14, 2026 demonstration in Madrid.
“Across the country people are going bankrupt and dying prematurely because of lack of healthcare, but the US government has billions to spend on imperialist violence to enrich corporations," said one researcher.
As the basic needs of millions of Americans are sacrificed upon the altar of waning US global domination, an analysis unveiled Thursday revealss that the Trump administration has spent billions of dollars on illegal military aggression against Venezuela and civilian boats alleged without evidence to be smuggling drugs off the coast of Latin America.
The Costs of War Project at Brown University's Watson School of International and Public Affairs published an analysis by a pair of researchers who "found that spending on Operation Southern Spear and Operation Absolute Resolve in Venezuela, the Caribbean, and the Eastern Pacific cost at least $4.7 billion from August 1, 2025 to March 31, 2026."
The researchers—Hanna Homestead of the Institute for Policy Studies' National Priorities Project and Jennifer Kavanagh of the think tank Defense Priorities—also found that "costs will continue to mount as some naval assets and aircraft remain in the region and strikes continue."
"This estimate is only partial due to lack of information, and does not include long-term budgetary costs such as veterans benefits," an introduction to the analysis states.
BREAKING: Since August 2025, the U.S. has spent at least $4.7 billion on operations in Latin America and the Caribbean, including the operation to oust Maduro. [THREAD, 1/11]
[image or embed]
— The Costs of War Project (@costsofwar.bsky.social) April 23, 2026 at 8:41 AM
In addition to the financial burden, the analysis notes the human costs of enforcing the so-called "Donroe Doctrine."
"While not the topic of this paper, they are essential to note at the outset," the publication states. "The raid and capture of Venezuelan President Nicolás Maduro during Operation Absolute Resolve resulted in approximately 75 known fatalities. These include 32 Cuban personnel killed, at least 23 Venezuelan security officers killed, and at least two civilian deaths."
US strikes "against unarmed vessels in the Caribbean and Eastern Pacific between September 2, 2025 and March 31, 2026 have killed at least 163 people," the authors added. "In addition, at least one American service member died while deployed to the Caribbean in February 2026 when two US ships collided."
The toll from Trump's boat-bombing spree has since risen to more than 180 following additional reported strikes. Survivors of somemi bombings allege they were tortured by their US captors. The US military and Trump administration have provided no solid evidence to support their claims that the boats were transporting illicit narcotics.
Homestead and Kavanagh noted in their analysis that "to date, Congress has not authorized the use of force in the Caribbean or Eastern Pacific and the Pentagon has not provided information about costs of Venezuela-related operations, even as they continue to mount."
There have been more than 50 boat bombings since Trump launched his campaign last September. Relatives of people killed in or missing after the strikes insist their loved ones were fishers with no links to the drug trade, an assertion echoed by leaders in Venezuela, Colombia, and some Caribbean island nations.
Multiple war powers resolutions aimed at reining in Trump's ability to wage war on Venezuela or bomb boats on the high seas without congressional authorization have been rejected by the Republican-controlled Congress.
In addition to the bombing and invasion of Venezuela and the boat strikes, the Trump administration has deployed troops to Ecuador as part of a joint campaign against alleged drug gangs dubbed Operation Total Extermination. Trump has also ordered the military to plan an invasion to seize the Panama Canal, threatened to "take" Cuba, possibly attack Mexico and Colombia, invade and annex Greenland, and somehow make Canada the "51st state."
That's just in the Western Hemisphere. Overall, Trump has bombed seven countries around the world since returning to the White House and 10 nations over the course of his two terms—including Iran, where he launched an illegal war with Israel.
The Costs of War Project rose to prominence by tracking the human and financial price of the so-called US War on Terror, which since September 2001 has resulted in over 940,000 direct deaths, including at least 432,000 civilians, in five studied countries, at a monetary cost of around $8 trillion.
Homestead and Kavanagh wrote in their analysis that the $4.7 billion figure "is a conservative estimate, and the greatest costs may yet be to come," as "operations do not have a clear end date and are actively expanding."
"They carry significant human, financial, and strategic costs and risk," the researchers contended. "American taxpayers, who are increasingly unable to afford basic needs, have a right to know how their tax dollars are spent."
Homestead told The Intercept on Thursday that "across the country people are going bankrupt and dying prematurely because of lack of healthcare, but the US government has billions to spend on imperialist violence to enrich corporations—from Venezuela to Iran—without any regard for human rights, life, or rule of law."
“This situation illustrates why greater restraint on Pentagon spending—which primarily benefits private contractors—is so necessary," she added.
This, as Trump seeks a record $1.5 trillion allocation for military spending in the next federal budget—despite the national debt approaching a staggering $40 trillion—while proposing billions of dollars in cuts to vital social programs.
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As the basic needs of millions of Americans are sacrificed upon the altar of waning US global domination, an analysis unveiled Thursday revealss that the Trump administration has spent billions of dollars on illegal military aggression against Venezuela and civilian boats alleged without evidence to be smuggling drugs off the coast of Latin America.
The Costs of War Project at Brown University's Watson School of International and Public Affairs published an analysis by a pair of researchers who "found that spending on Operation Southern Spear and Operation Absolute Resolve in Venezuela, the Caribbean, and the Eastern Pacific cost at least $4.7 billion from August 1, 2025 to March 31, 2026."
The researchers—Hanna Homestead of the Institute for Policy Studies' National Priorities Project and Jennifer Kavanagh of the think tank Defense Priorities—also found that "costs will continue to mount as some naval assets and aircraft remain in the region and strikes continue."
"This estimate is only partial due to lack of information, and does not include long-term budgetary costs such as veterans benefits," an introduction to the analysis states.
BREAKING: Since August 2025, the U.S. has spent at least $4.7 billion on operations in Latin America and the Caribbean, including the operation to oust Maduro. [THREAD, 1/11]
[image or embed]
— The Costs of War Project (@costsofwar.bsky.social) April 23, 2026 at 8:41 AM
In addition to the financial burden, the analysis notes the human costs of enforcing the so-called "Donroe Doctrine."
"While not the topic of this paper, they are essential to note at the outset," the publication states. "The raid and capture of Venezuelan President Nicolás Maduro during Operation Absolute Resolve resulted in approximately 75 known fatalities. These include 32 Cuban personnel killed, at least 23 Venezuelan security officers killed, and at least two civilian deaths."
US strikes "against unarmed vessels in the Caribbean and Eastern Pacific between September 2, 2025 and March 31, 2026 have killed at least 163 people," the authors added. "In addition, at least one American service member died while deployed to the Caribbean in February 2026 when two US ships collided."
The toll from Trump's boat-bombing spree has since risen to more than 180 following additional reported strikes. Survivors of somemi bombings allege they were tortured by their US captors. The US military and Trump administration have provided no solid evidence to support their claims that the boats were transporting illicit narcotics.
Homestead and Kavanagh noted in their analysis that "to date, Congress has not authorized the use of force in the Caribbean or Eastern Pacific and the Pentagon has not provided information about costs of Venezuela-related operations, even as they continue to mount."
There have been more than 50 boat bombings since Trump launched his campaign last September. Relatives of people killed in or missing after the strikes insist their loved ones were fishers with no links to the drug trade, an assertion echoed by leaders in Venezuela, Colombia, and some Caribbean island nations.
Multiple war powers resolutions aimed at reining in Trump's ability to wage war on Venezuela or bomb boats on the high seas without congressional authorization have been rejected by the Republican-controlled Congress.
In addition to the bombing and invasion of Venezuela and the boat strikes, the Trump administration has deployed troops to Ecuador as part of a joint campaign against alleged drug gangs dubbed Operation Total Extermination. Trump has also ordered the military to plan an invasion to seize the Panama Canal, threatened to "take" Cuba, possibly attack Mexico and Colombia, invade and annex Greenland, and somehow make Canada the "51st state."
That's just in the Western Hemisphere. Overall, Trump has bombed seven countries around the world since returning to the White House and 10 nations over the course of his two terms—including Iran, where he launched an illegal war with Israel.
The Costs of War Project rose to prominence by tracking the human and financial price of the so-called US War on Terror, which since September 2001 has resulted in over 940,000 direct deaths, including at least 432,000 civilians, in five studied countries, at a monetary cost of around $8 trillion.
Homestead and Kavanagh wrote in their analysis that the $4.7 billion figure "is a conservative estimate, and the greatest costs may yet be to come," as "operations do not have a clear end date and are actively expanding."
"They carry significant human, financial, and strategic costs and risk," the researchers contended. "American taxpayers, who are increasingly unable to afford basic needs, have a right to know how their tax dollars are spent."
Homestead told The Intercept on Thursday that "across the country people are going bankrupt and dying prematurely because of lack of healthcare, but the US government has billions to spend on imperialist violence to enrich corporations—from Venezuela to Iran—without any regard for human rights, life, or rule of law."
“This situation illustrates why greater restraint on Pentagon spending—which primarily benefits private contractors—is so necessary," she added.
This, as Trump seeks a record $1.5 trillion allocation for military spending in the next federal budget—despite the national debt approaching a staggering $40 trillion—while proposing billions of dollars in cuts to vital social programs.
As the basic needs of millions of Americans are sacrificed upon the altar of waning US global domination, an analysis unveiled Thursday revealss that the Trump administration has spent billions of dollars on illegal military aggression against Venezuela and civilian boats alleged without evidence to be smuggling drugs off the coast of Latin America.
The Costs of War Project at Brown University's Watson School of International and Public Affairs published an analysis by a pair of researchers who "found that spending on Operation Southern Spear and Operation Absolute Resolve in Venezuela, the Caribbean, and the Eastern Pacific cost at least $4.7 billion from August 1, 2025 to March 31, 2026."
The researchers—Hanna Homestead of the Institute for Policy Studies' National Priorities Project and Jennifer Kavanagh of the think tank Defense Priorities—also found that "costs will continue to mount as some naval assets and aircraft remain in the region and strikes continue."
"This estimate is only partial due to lack of information, and does not include long-term budgetary costs such as veterans benefits," an introduction to the analysis states.
BREAKING: Since August 2025, the U.S. has spent at least $4.7 billion on operations in Latin America and the Caribbean, including the operation to oust Maduro. [THREAD, 1/11]
[image or embed]
— The Costs of War Project (@costsofwar.bsky.social) April 23, 2026 at 8:41 AM
In addition to the financial burden, the analysis notes the human costs of enforcing the so-called "Donroe Doctrine."
"While not the topic of this paper, they are essential to note at the outset," the publication states. "The raid and capture of Venezuelan President Nicolás Maduro during Operation Absolute Resolve resulted in approximately 75 known fatalities. These include 32 Cuban personnel killed, at least 23 Venezuelan security officers killed, and at least two civilian deaths."
US strikes "against unarmed vessels in the Caribbean and Eastern Pacific between September 2, 2025 and March 31, 2026 have killed at least 163 people," the authors added. "In addition, at least one American service member died while deployed to the Caribbean in February 2026 when two US ships collided."
The toll from Trump's boat-bombing spree has since risen to more than 180 following additional reported strikes. Survivors of somemi bombings allege they were tortured by their US captors. The US military and Trump administration have provided no solid evidence to support their claims that the boats were transporting illicit narcotics.
Homestead and Kavanagh noted in their analysis that "to date, Congress has not authorized the use of force in the Caribbean or Eastern Pacific and the Pentagon has not provided information about costs of Venezuela-related operations, even as they continue to mount."
There have been more than 50 boat bombings since Trump launched his campaign last September. Relatives of people killed in or missing after the strikes insist their loved ones were fishers with no links to the drug trade, an assertion echoed by leaders in Venezuela, Colombia, and some Caribbean island nations.
Multiple war powers resolutions aimed at reining in Trump's ability to wage war on Venezuela or bomb boats on the high seas without congressional authorization have been rejected by the Republican-controlled Congress.
In addition to the bombing and invasion of Venezuela and the boat strikes, the Trump administration has deployed troops to Ecuador as part of a joint campaign against alleged drug gangs dubbed Operation Total Extermination. Trump has also ordered the military to plan an invasion to seize the Panama Canal, threatened to "take" Cuba, possibly attack Mexico and Colombia, invade and annex Greenland, and somehow make Canada the "51st state."
That's just in the Western Hemisphere. Overall, Trump has bombed seven countries around the world since returning to the White House and 10 nations over the course of his two terms—including Iran, where he launched an illegal war with Israel.
The Costs of War Project rose to prominence by tracking the human and financial price of the so-called US War on Terror, which since September 2001 has resulted in over 940,000 direct deaths, including at least 432,000 civilians, in five studied countries, at a monetary cost of around $8 trillion.
Homestead and Kavanagh wrote in their analysis that the $4.7 billion figure "is a conservative estimate, and the greatest costs may yet be to come," as "operations do not have a clear end date and are actively expanding."
"They carry significant human, financial, and strategic costs and risk," the researchers contended. "American taxpayers, who are increasingly unable to afford basic needs, have a right to know how their tax dollars are spent."
Homestead told The Intercept on Thursday that "across the country people are going bankrupt and dying prematurely because of lack of healthcare, but the US government has billions to spend on imperialist violence to enrich corporations—from Venezuela to Iran—without any regard for human rights, life, or rule of law."
“This situation illustrates why greater restraint on Pentagon spending—which primarily benefits private contractors—is so necessary," she added.
This, as Trump seeks a record $1.5 trillion allocation for military spending in the next federal budget—despite the national debt approaching a staggering $40 trillion—while proposing billions of dollars in cuts to vital social programs.