Saturday, June 11, 2011
The billion dollar war? Libyan campaign breaks Pentagon estimates costing U.S. taxpayers $2 million a day
Costs: U.S. Defense Secretary Robert Gates speaks during a media conference today. He is under pressure to stump up for the cost of operations in Libya
Last updated at 10:20 PM on 9th June 2011
The cost of the U.S. campaign in Libya is set to exceed the $750 million Pentagon estimate set out in March, according to a leaked Department of Defence Memo.
The 'eyes-only' DoD dossier said the U.S. had already spent $664 million in Libya by mid-May - a running cost of $60 million a month since the bombing began in March.
At the current rate of spending, the U.S. will have to shell out at least an extra $274 million till the end of the current 90 day no fly zone extension period - brining total expenditure to a minimum of $938 million. Full article posted here
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