Jessica Schulberg reads a new report that attempts to tally the cost of the ISIS war so far:
Due to the vaguely defined scope of the conflict—President Barack Obama has vowed not to deploy U.S. combat troops—it has been hard to put a dollar amount on the operation. But a Center for Strategic and Budgetary Assessments (CSBA) report released Monday estimates that the U.S. has already spent between $780-$930 million in Iraq and Syria. In just the past month, the cost was $250-$400 million, or $9-$14 million per day. …
Because Obama has yet outline any long-term plan for U.S. efforts in Iraq and Syria, CSBA’s long-term cost estimates are based on likely hypothetical levels of warfare. If the U.S. draws down airstrikes to approximately 100 targets a month (there have been 200 targets this month, but air campaigns usually peak early because targets learn to hide) and caps U.S. personnel at 2,000, the cost is estimated to be between $2.4 and $3.8 billion a year. But if the administration follows recommendations to deploy 25,000 ground forces and raises the number of air strikes to 200 a month, it will be closer to $13-$22 billion annually.
“To put this in perspective,” she adds, “the U.S. spent approximately $1.1 billion in total direct expenditures in the 2011 NATO-led intervention in Libya.” But notes that these estimates are “far less than the roughly $150 billion the U.S. spent during the peak years of the Afghan (2011) and Iraq (2008) wars.” Business Insider looks at where the money to fight ISIS is coming from: