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War costs to hit $8.4bn

Posted: Saturday, January 20, 2007

Washington

The steadily rising Iraq war price tag will reach about $8.4 billion a month this year, Pentagon spokesmen said

Heavy replacement costs for lost, destroyed and aging equipment are mounting.

The Pentagon has been estimating last year's costs for the increasingly unpopular war at about $8 billion a month, having increased from a monthly 'burn rate' of around $4.4 billion during the first year of fighting in fiscal 2003.

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