The United States spent an estimated $100 billion on Y2K, and the Senate committee concluded that the level of effort was justified and the expenditure necessary.

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"The United States spent an estimated $100 billion on Y2K, and the Senate committee concluded that the level of effort was justified and the expenditure necessary."

The final Senate report gives an estimated $100 billion U.S. cost and explicitly judges the preventative effort justified and necessary.

Source title Y2K AFTERMATH – CRISIS AVERTED

Source authors U.S. Senate Special Committee on the Year 2000 Technology Problem

Source year 2000

Confidence high

Importance high