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US war in Iran has cost $29 billion so far, Pentagon says
The updated figure includes equipment repairs and operational costs as lawmakers await a fuller assessment for a future supplemental request.
- On Tuesday, a senior Pentagon official stated the Iran War has cost $29 billion, an increase of $4 billion from an estimate provided last month reflecting updated equipment and operational costs.
- Defense Secretary Pete Hegseth and Pentagon Comptroller Jules Hurst III previously cited $25 billion for Operation Epic Fury, a figure Stephen Semler called a "lie" denying the war's spiraling costs.
- Brown University's Watson School of International and Public Affairs estimates the economic cost has exceeded $37 billion, including more than $20 billion in higher gasoline prices paid by Americans since the war began.
- Economist Justin Wolfers wrote in The New York Times that slower economic growth could mean around $400 billion in lost income, citing rising oil prices and higher interest rates as key factors.
- Pentagon Comptroller Jules Hurst III promised the House Armed Services Committee the administration would request supplemental appropriations, stating the request would "come to Congress once we have a full assessment of the cost of the conflict.
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16 Articles
Coverage Details
Total News Sources16
Leaning Left3Leaning Right2Center3Last UpdatedBias Distribution38% Left, 37% Center
Bias Distribution
- 38% of the sources lean Left, 37% of the sources are Center
38% Left
L 38%
C 37%
R 25%
Factuality
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