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America is going broke Federal Reserve official's fear as missiles cost $100m in 1 day

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Launch: A Tomahawk cruise missile is fired at Libyan defences from the the deck of the destroyer USS Barry on the first day of Operation Odyssey Dawn. A senior Federal Reserve official warned today that America is going broke as fears grow the Libyan bombardment could cost more than $1 billion. With the U.S. now fighting three wars, the massive new military drain on the budget could not have come at... 
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