As any good Socialist does, Obama is spending other people's money, even after the piggy bank is empty! The USA doesn't have 2 dimes to rub together, but Obama can find up to $100 million a week to fund his little "kinetic military action" in Libya. Just what is the USA doing in Libya? Actually, what is NATO doing in Libya? This is for the Libyans to sort out, not the rest of the world - and especially not the clueless Mr Obama who seems to be backing an Al-Qaeda operative (haha) rebel. When the Greens jump up and down in support of this little costly "intervention" then you must know something stinks in the State of Denmark. This isn't going to end well and I'm going to enjoy watching as this liberal POTUS tries to get out of the web he's weaved. I wonder what Gaddafi has on him that he's forced to turn to war? Or of course, this could a more effective way to completely bankrupt the USA as all his other plans seem to be taking way too long. Mr Soros must be so proud of him.
One week after an international military coalition intervened in Libya, the cost to U.S. taxpayers has reached at least $600 million, according figures provided by the Pentagon.
U.S. ships and submarines in the Mediterranean have launched at least 191Tomahawk cruise missiles from their arsenals, costing $268.8 million, the Pentagon said.
U.S. warplanes have dropped 455 precision guided bombs, costing tens of thousands of dollars each.
A downed Air Force F-15E fighter jet will cost more than $60 million to replace.
And operation of ships and aircraft, guzzling ever-more-expensive fuel to maintain their positions off the Libyan coast and in the skies above, could reach millions of dollars a week, experts say.
"Each sortie, even if it drops no munitions, is very pricey," said Winslow Wheeler of the Center for Defense Information. "These airplanes cost us tens of thousands of dollars to operate per hour, and the fancier you get in terms of planes, the costs get truly astounding."
The three B-2 stealth bombers that flew from Missouri to Libya and back on an early bombing mission each cost an estimated $10,000 per hour to fly, a defense official said.
That means the planes, each on a 25-hour round-trip flight, ran up a bill of $750,000, and the 45 Joint Direct Attack Munitions (JDAM) they dropped added at least $1.3 million more.
So far the Pentagon has financed the mission to take out Libyan leader Moammar Gadhafi's air defenses and disrupt his attacks on opposition forces using money in its existing budget, which has room for unanticipated military actions. The White House has not been forced to ask Congress for additional funds for the campaign.
Service member salaries, fuel costs and equipment maintenance are all part of annual military operating budgets. And hundreds of munitions, including the $1.4 million cruise missiles, are acquired each year and routinely used in action and training, officials say.
But experts say the administration may have to submit an emergency supplemental budget request for Libya later this year, assuming U.S. involvement in the international military operation does not end swiftly.
The cost of operating the no-fly zone over Libya alone could cost the U.S. an estimated $30 million to $100 million a week, a study by the Center for Strategic and Budgetary Assessments found.
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