Great: Libya action may wipe out GOP budget cuts

War is hell expensive:

GOP leaders have trumpeted enacted spending reductions that amount to more than $285 million per day since the beginning of March.

But defense analysts say the Pentagon could be burning through more than $100 million per day in Libya, putting those budget savings at risk.

In separate briefings on Monday, the Defense Department and the White House said they do not yet have a projected price tag for the military action that began on Saturday. Defense officials said they are still “collecting” and analyzing early costs.