U.S. Role in Libya Already Costs Hundreds of Millions
Fox News
March 23, 2011
The cost of the American and European assault on Libya already easily tops hundreds of millions of dollars, and has the potential to rise significantly if the operation drags on for weeks or months.
Coalition efforts to undermine Muammar al-Qaddafi’s air defenses and save the rebels from defeat have lasted for four nights already. If the U.S. role continues to be limited, with the Pentagon using its existing budget to cover the expense, the price tag on involvement will only rise moderately.
As of Tuesday, a U.S. defense official told Fox News the U.S. has fired 161 Tomahawk cruise missiles into Libyan territory, with 24 missiles being fired overnight Monday into Tuesday. Each missile is priced at $1 million to $1.5 million apiece and dispatched B-2 stealth bombers — round-trip from Missouri — to drop 2,000-pound bombs on Libyan sites.
Read on: www.foxnews.com/politics/2011/03/23/role-libya-costs-hundreds-millions/
