The Most Expensive War Since World War II

"The Pentagon is considering $127 billion to $160 billion in requests from the armed services for the 2007 fiscal year, which began last month, several lawmakers and congressional staff members said. That's on top of $70 billion already approved for 2007. Since 2001, Congress has approved $502 billion for the war on terror, roughly two-thirds for Iraq. The latest request, due to reach the incoming Democratic-controlled Congress next spring, would make the war on terror more expensive than the Vietnam War."

Flashback: Former Bush economic adviser Lawrence Lindsey was ousted from the administration after he suggested the Iraq conflict could cost $200 billion.

The Political Wire