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Cost of the Iraq War. Linda Bilmes, March 21, 2013, Video. "Linda Bilmes spoke about the costs of the war in Iraq, which she projected to reach $5 trillion.Those projections exceed the original figures in her book The Three Trillion Dollar War, which she co-authored with economist Joseph Stiglitz in 2008. She outlined the various sorts of expenditures, including rising veterans benefits, and criticized the government for lack of proper war accounting. She theorized that the war triggered Federal Reserve decisions that contributed to the financial crisis of 2008. She responded to questions from the audience..." Link Verified October 12, 2014