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Martin Matishak, Fiscal Times: The Cost of the War Against ISIS: $7 Billion and Counting
The war against the Islamic State has now cost American taxpayers more than $7 billion, a figure that could increase dramatically as the U.S. prepares to send 200 more troops to Iraq to help fight the extremist network.
As of March 15, the price tag for 568 days of war was $6.8 billion, with an average cost of $11.5 million per day, according to a Defense Department report released on Tuesday. If the daily tab has held steady since then, another $402.5 million can be added to the sum, putting the total over $7.2 billion.
Given the Obama administration’s airpower-first approach to battling ISIS it’s not surprising that daily flight operations accounted for 48 percent of the war’s cost, or about $3.2 billion.
Mission support – including personnel, logistics, surveillance and reconnaissance – accounted for 28 percent of the cost, or $1.8 billion, and munitions made up 24 percent, or just under $1.6 billion.
Read more ....
Update #1: Cost of ISIS war passes $7 billion (The Hill)
Update #2: US war on ISIS costs American taxpayers over $11 million daily – Pentagon report (RT)
WNU Editor: And there are no signs that this conflict will end soon. On a side note ... the Islamic State is bleeding money .... Islamic State's Income Has Dropped 'by a Third' (VICE News).
1 comment:
It does not matter if ISIS has money. They are like the Gestapo in 1945. They will shoot military veterans who have seen far much more than they.
So long as ISIS has borders, they will enforce their philosophy.
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