Military intervention in Libya

The Pentagon is going to have to ask Congress for emergency funding if U.S. expenses top $1 billion. That could happen in as little as a month. The question is, will Congress go along?

Some members of the Congress are criticizing President Obama for signing off on the military campaign in Libya. Many are concerned over the price tag of the mission, including the crash of the U.S. fighter jet.

The Financial Times reports this morning that Muammar Gaddafi could be using over 144 tons of gold in Libya's central bank to fund the country's army, despite U.S. and European sanctions.

As France and Britain take a lead role in imposing the no-fly zone in Libya, some ask whether they can afford the costs of military intervention.

The U.S. plans to eventually hand off its leading role to its allies. Enforcing the no-fly zone costs the U.S. money and the question is how much and when those costs will taper off.