The Iraq war will likely cost the United States between one and two trillion dollars, despite earlier assurances by the White House that these expenses would be manageable, according to a new study co-authored by a Nobel Prize-winning economist. The research made public Monday by Joseph Stiglitz of Columbia University, former chief economist at the World Bank, and economy professor Linda Bilmes of Harvard University, argues current official assessments of the war cost fail to consider key expenses likely to dog the US budget for years to come. Full Story
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