President Obama says that it may take the U.S. and its allies three years to defeat Islamic State of Iraq and Syria militants, with heavy dependence on stepped up U.S. airstrikes. And some defense experts say it could cost the government an additional $15 billion to $20 billion a year to pursue this hazardous mission.
The fight against ISIS is already expensive. As of late August, the United States had spent $560 million fighting the group, and continues to spend $7.5 million daily on operations in Iraq. Last week Congress authorized the administration to spend an estimated $500 million to equip and train so-called moderate Syrian rebels to help counter the fast growing threat of ISIS.
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