The newest campaign being conducted by Democrats is to lie about the cost of the Iraq war. As more and more citizens get angry at the outrageous expenditures by the Obama administration and the Democrat Congress, Democrats have started repeating the LIE that the real problem is the Iraq war. They claim the cost of the Iraq war is $3 trillion and it is all Bush's fault. They then go on to say that war spending is the majority of the increase in the national debt too. Since the increase in debt is over $7 trillion not even their exaggerated lies about the costs are true. However the $3 trillion is a total LIE to begin with.
The CBO has calculated that the Iraq war since it began has cost us $709 billion as of the end of the last quarter. Not even close to the $3 trillion the Democrats claim. Below is a chart that shows the actual costs of the war since 2003 with estimates through the end of 2010.
Click on the title above to read the article - which includes a great summary of costs to compare with the war at the end. My favorite is "Iraq War spending accounted for just 3.2% of all federal spending while it lasted." Note how deficits soared since 2008. That is Obama 'fundamental transformation'! Not as the Democrats love to call it, 'Bush's War'.