Since mid-June the Pentagon has spent approximately $1.1 billion on fighting the ISIS terrorist group.
The US Air Force has spent hundreds of millions dropping some 1,000 smart bombs and rockets during its sorties. Each smart bomb costs an average of $25,000 – $40,000 a piece.
More than 240 airstrikes in Iraq and Syria have been conducted by the US Air Force since Aug. 8 of this year.
The US Navy has spent $62 million on about 185 warheads, including 47 Tomahawk cruise missiles – each Tomahawk costs a cool $1.million dollars a piece (or $47 million dollars) according to sources at CENTCOM.
Officials say the campaign has cost an average of $7 million to $10 million a day since June.
The cost skyrocketed after the US started bombing IS positions in Iraq in early August and then expanded to Syria in September 2014.
The report confirmed an estimate by the Center for Strategic and Budgetary Assessments (CSBA), a Washington-based think tank with ties to the Pentagon, which indicated a week ago that the campaign against ISIS had probably already cost between $780 and $930 million – give or take a few hundred million dollars…
That’s almost $312,000 per hour by some estimates. That more money than some people will see in their entire lifetime!
See video: Cost to fight ISIS http://www.youtube.com/watch?v=XWwjzTwFjTY
This is a conservative estimate by the way…
This comes at a time when the US can’t pay its school teachers, and is over $17 trillion in debt to other countries, is cutting care for the elderly, cutting food stamp benefits, cutting pensions, cutting Medicare/Medicaid funding for the poor and squander over $30 billion dollars in foreign and military aid to almost every government in the world (minus Cuba, North Korea, Iran…).
Why is this a problem? See video: US Debt Crisis – 2014 http://www.youtube.com/watch?v=Jjv-MtGpj2U