Full Cost of War Act
Full Cost of War Act
Plain Language Summary
# Full Cost of War Act (HR 7174) - Summary **What It Would Do:** The Full Cost of War Act aims to ensure that the true financial costs of U.S. military operations are transparently calculated and reported to Congress and the public. While specific details aren't provided in this basic bill information, such legislation typically requires the Department of Defense to account for all expenses associated with military conflicts—including not just combat operations, but also healthcare for veterans, equipment replacement, interest on borrowed funds, and long-term obligations like disability benefits. **Who It Affects:** This bill would primarily affect the Department of Defense, Congress, and taxpayers.
It could influence budget decisions by making the full price tag of military operations more visible, potentially affecting how Congress appropriates defense funding and how the public understands military spending. **Current Status:** HR 7174 is currently in committee, meaning it has not yet been debated or voted on by the full House of Representatives. The bill was introduced by Representative Christopher Deluzio (D-PA) and would need to advance through committee and pass both chambers of Congress to become law.
Latest Action
Referred to the House Committee on Foreign Affairs.