Can we afford the Libya mission?

The airstrikes to impose a no-fly zone over Libya cost the U.S. more than $100 million on the first day alone. Will this intervention bust our budget?

Task Force Odessey Dawn aircrafts refuel in Italy Tuesday
(Image credit: U.S. Army photo by Staff Sgt. Brendan Stephens)

The costs of Operation Odyssey Dawn are adding up fast. The first day of airstrikes against Moammar Gadhafi's forces in Libya cost the U.S. more than $100 million, and the American share of enforcing a no-fly zone could run into the billions, according to a National Journal analysis. In fact, the intervention to protect Libya's rebels and civilians could all but wipe out the savings from the GOP's hard-won spending cuts. With a soaring deficit, can the U.S. afford this? (Watch a Fox News report about the war's costs)

No. We should provide for our own first: Every Tomahawk cruise missile sets us back $1.2 million, says John Baer in the Philadelphia Daily News, and as of Tuesday, we had fired 161 of "those puppies" at Gadhafi. That F15 fighter jet we lost? Another $31 million. And there's no telling how much we'll throw down "another Mideast rat-hole" before it's all over. "If we really care about protecting civilians, why don't we do a better job at protecting our own — from unemployment, from health-care cuts, from wage freezes"?

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