The Cost of the War on Terrorism and the Cost of Social Security


 

Publication Date: February 2002

Publisher: Center for Economic and Policy Research

Author(s): Dean Baker

Research Area: Military and defense

Keywords: Homeland security; Tax revenues; Federal budget

Type: Report

Coverage: United States

Abstract:

This paper notes that the expenditures associated with the war on terrorism are not trivial. They will impose a burden on the budget. However, this spending has not been associated with the sort of apocalyptic adjectives often used to describe the burden that Social Security will impose on the nation.