Posted on 03/22/2011 4:39:24 PM PDT by Nachum
This shows how pitifully small the GOP's cuts in the $1.5 trillion deficit are. The Hill:
U.S. military operations in Libya could wipe out a significant chunk of the budget cuts won by congressional Republicans in recent weeks, defense analysts say.
GOP leaders have trumpeted enacted spending reductions that amount to more than $285 million per day since the beginning of March. But defense analysts say the Pentagon could be burning through more than $100 million per day in Libya, putting those budget savings at risk.
In separate briefings on Monday, the Defense Department and the White House said they do not yet have a projected price tag for the military action that began on Saturday. Defense officials said they are still "collecting" and analyzing early costs.
With Congress determined to rein in federal spending, the cost of the U.S. intervention is sure to become a top concern on Capitol Hill.
Dick Lugar has already raised the issue as part of the reason he is opposing the intervention in Libya. You can't fight a war on the cheap - not when the weapons systems and deployments are so expensive. Might this spur Republicans to deepen the cuts and try to make a real dent in the deficit?
Don't hold your breath...
The list, ping
Let me know if you would like to be on or off the ping list
Well, heck — the cost of a Happy Meal could wipe out the GOP ‘budget cuts’....
Italy was already near a debt crisis. While, 31% of Italy’s transportation system is powered by natural gas. Italy has 340 mile pipeline to Libya that was shut off three weeks ago. And, Pelosi just happened to be in Italy when this started.
But remember...it’s a humanitarian mission.
Things are definitely tough if you have to count the cost of ‘bullets’ in a war.
This is the first thing I thought of. The $$$$. I saw a $9B estimate on CNN yesterday.
None of them care. Then there is the phony surprise that there is no SS trust fund. How could there be one?
Maybe thats the idea. I dont believe in unintended consequences when it comes to this admin.
Put the entire Executive Branch on indefinite unpaid furlough. Well, all right, I will compromise - until the federal budget is in surplus.
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