US EditionTreasury's Bessent says US has 'plenty' of funds for Iran war
Treasury Secretary Scott Bessent said the U.S. has sufficient funds for the Iran war but seeks $200 billion more to maintain military supplies without raising taxes.
- On Sunday, Treasury Secretary Scott Bessent told NBC News' Meet the Press the U.S. has 'We have plenty of money to fund this war' and ruled out tax increases, saying President Donald Trump is 'leaving all options on the table'.
- Pentagon officials are preparing a formal supplemental funding request linked to Operation Epic Fury, with U.S. Secretary of War Pete Hegseth confirming a roughly $200 billion ask facing congressional resistance.
- The interview also centered on the administration's oil policy as Bessent defended lifting sanctions on Iran and Russia, citing Treasury analysis that Russia's extra oil revenue would be $2 billion.
- U.S. administration officials say early war spending exceeded $11 billion, and Welker warned of potential higher consumer prices as oil could stay above $100, quoting Scott Kirby.
- Recent laws and budgets have already expanded U.S. defence spending, including last month’s Fiscal 2026 Defense Appropriations Act with about $840 billion and last summer’s $156 billion defense tax-cut bill, amid a roughly $1 trillion federal military budget this year.
25 Articles
25 Articles
No end to Iran war soon? Team Trump says US has plenty of money to fund it
US Treasury Secretary Scott Bessent said that the US government is financially equipped to sustain the war effort. "We have plenty of money to fund this war," he said, calling the additional funding request "supplemental" rather than essential for immediate operations.
Treasury's Bessent says US has 'plenty' of funds for Iran war
The U.S. government has "plenty of money" to fund the war against Iran, but is requesting supplemental funding from Congress to ensure the military is well supplied in the future, U.S. Treasury Secretary Scott Bessent said on Sunday.
The Independent
The Independent (US)Treasury Secretary denies Americans will pay for Trump’s war in Iran
Reforma
mural.com.mxU.S. Treasury Secretary said they have enough funds for war with independent Ir n at 200,000 mdd requested to Congress.
"Plenty of money to fund this war": Treasury Secy Bessent, says Trump "leaving all options on table" against Iran
"President Trump was within his authority under the War Powers Act to initiate this action, and we actually now have plenty of money to fund this war. What we are doing is supplemental," Bessent said.
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