US watchdog tallies Iran war's hit to weapons stockpiles, military bases and more
- On Tuesday, the Congressional Budget Office reported the U.S. Iran war cost $38.1 billion from its February 28 launch through August 1, reflecting munitions, equipment, and operating expenses.
- Launched by President Donald Trump alongside Israel in February, the conflict incurs monthly costs between $2 billion and $3 billion, shifting based on combat intensity according to CBO analysis.
- Replacing expended munitions accounts for the largest cost component at $21.7 billion; the CBO warned rebuilding missile interceptor stockpiles could take "at least five years," leaving reduced inventories for future contingencies.
- Congress has yet to approve the Trump administration's June request for $87.6 billion in emergency supplemental funding, as Defense Secretary Pete Hegseth warned the department faces critical shortfalls in vital operations.
- The CBO projects the war will push inflation 0.5 percentage points higher through early 2027 driven by energy price volatility, while reduced missile defense readiness creates risks regarding a potential conflict with China.
328 Articles
328 Articles
Iran war cost tops $40B and billions more monthly, budget analysis finds • Rhode Island Current
WASHINGTON — The cost of U.S. military operations in Iran has exceeded $40 billion and the war will continue to cost taxpayers between $2 billion and $3 billion per month, according to an analysis released Tuesday by the nonpartisan Congressional Budget Office. The ongoing bombing campaign, which President Donald Trump launched alongside the Israeli government […]
Iran war cost tops $40B and billions more monthly, budget analysis finds
WASHINGTON — The cost of U.S. military operations in Iran has exceeded $40 billion and the war will continue to cost taxpayers between $2 billion and $3 billion per month, according to an analysis released Tuesday by the nonpartisan Congressional Budget Office. The ongoing bombing campaign, which President Donald Trump launched alongside the Israeli government […]
Budget Office Estimates Iran War Has Cost $38 Billion
"The war in Iran cost the United States roughly $38 billion through Aug. 1 and significantly depleted U.S. munitions, the Congressional Budget Office, the nonpartisan scorekeeper, said on Tuesday," the New York Times reports."In a 19-page analysis, which the office said had been limited because
Iran war costs reach $38B, expected to increase by $3B monthly
The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress' nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the conflict and reopen the vital Strait of Hormuz.
War in Iran Has Cost US $38 Billion Over Five Months, CBO Says
President Donald Trump’s decision to go to war against Iran has cost US taxpayers about $38 billion in direct costs during the first five months of fighting and will push inflation up about 0.5 percentage points by early next year, a new congressional study finds.
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