Home NEWS WORLD NEWS Islamic State fight seen costing U.S. $2.4 billion or more annually

Islamic State fight seen costing U.S. $2.4 billion or more annually

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Islamic State fight seen costing U.S. $2.4 billion or more annually

Reuters Sep 29, 2014 – U.S. military efforts against Islamic State have cost nearly $1 billion so far and are likely to run between $2.4 billion and $3.8 billion per year if air and ground operations continue at the current pace, according to a think tank analysis.
But a ramp-up, including more air strikes and a significant boost in ground forces, could send costs soaring to between $13 billion and $22 billion annually, said the analysis released on Monday by the nonpartisan Center for Strategic and Budgetary Assessments.
“Future costs depend, to a great extent, on how long operations continue, the steady-state level of air operations, and whether additional ground forces are deployed beyond what is already planned,” said the report by Todd Harrison and other analysts.