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Linda Bilmes on Our 'Three Trillion Dollar War'

The cost of war in Iraq reaches far beyond the tab for bullets and bombs, says professor Linda Bilmes, co-author (with Joseph Stiglitz, our guest in the second half of today's show) of the new book The Three Trillion Dollar War: The True Cost of the Iraq Conflict. According to the book, Americans will spend decades treating the physical and psychological wounds of Iraq veterans, and when the economic consequences of the invasion are taken into account, the costs are staggering.

Linda Bilmes is a professor at Harvard University's Kennedy School of Government. An expert on U.S. budgeting and public finance, she has written on financial and budgetary issues, including the cost of the Iraq War, veterans health and disability costs.

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