The United States is fighting another war - of unknown scope and length - in Libya. At a time of budget-cutting fever on Capitol Hill, the war represents a potential lifeline for the Pentagon. If you believe the Libya operation justifies current U.S. military spending levels - or even an increase - think again.
According to government estimates, we'll spend about $1 billion on the Libyan intervention over the course of a full year of operations. That's a lot of money if applied to low-income housing or job retraining. But it's chump change for the Pentagon.