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Military Pegs Hourly AIR FORCE ONE Cost at $181G, as Obama Sets Travel Record – FoxNews.com

November 24, 2010

Military Pegs Hourly Air Force One Cost at $181G, as Obama Sets Travel Record

Published November 24, 2010 | FoxNews.com

The average American could buy a house for the amount of money it takes to run Air Force One every hour.

The U.S. military has provided an updated estimate on that cost, first published by a taxpayer watchdog group and confirmed by FoxNews.com, and the number is staggering — $181,757 per hour. That’s the price tag for shuttling around President Obama, who, as it turns out, has spent more days abroad in his first two years than any other president.

Estimates over the years based on government reports and independent number-crunching have always reflected a steep cost for presidential travel, but the figure provided by the 89th Airlift Wing appears to be far higher than any previously reported. It was first published in a report this week on presidential travel by the National Taxpayers Union Foundation.

“It’s astonishing. It’s far higher than any other … figure that’s been reported on. It’s very surprising, and of course it’s just a fraction of the overall cost involved with presidential travel,” said policy analyst Demian Brady, who wrote the study.

Master Sgt. Jeff Capenos, with the 89th Airlift Wing, told FoxNews.com the figure reflects operating costs ranging from fuel to engine and aircraft maintenance. Asked why other public estimates, which typically did not exceed $100,000, were so much lower, he said: “They were probably inaccurate.”

via Military Pegs Hourly Air Force One Cost at $181G, as Obama Sets Travel Record – FoxNews.com.

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