It's been suggested that the Libyan intervention could "easily pass the $1 billion mark." Only in Washington would $1 billion be considered a minor cost, but in the context of annual military spending, it's a relatively modest sum.
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$1.2 trillion a year. Take that in for a moment. The simplest way to grasp this is to go through what we know about the national security budget, step by step, and add it all up.
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