By Annie Grayer, Lauren Fox, CNN (CNN) — The US war with Iran has cost $45.1 billion, the Pentagon informed Congress on Friday, according to two sources familiar with the matter. The department told lawmakers that war costs were $43.6 billion as of September 3 plus an additional $1.
KESQ Palm Springs's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Pentagon told Congress last month that the cost of the war against Iran has now climbed over $42 billion, a $4.5 billion increase on the most recent public estimate from the Department of Defense more than six months into the conflict. Defense officials provided the updated cost estimate on Aug.
Secretary of Defense Pete Hegseth testifies during the Senate Appropriations Committee hearing on the administration's Iran war supplemental spending request on July 21, 2026. (Bill Clark/CQ Roll Call)
The report from the nonpartisan Congressional Budget Office estimates the war will cost the country another $2 billion to $3 billion each month it continues.
President Donald Trump’s decision to go to war with Iran has cost US taxpayers $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.
A new CBO report, requested by Philly Democratic Rep. Brendan Boyle, reveals the cost of the Iran war, an issue that is reverberating with voters in Pennsylvania.
By Annie Grayer, CNN (CNN) — The US war with Iran is expected to increase inflation for the first quarter of 2027, raising costs at a time Americans are growing more concerned about the economy, according to an analysis by the Congressional Budget Office released Tuesday, The CBO expects the Iran wa…
The Congressional Budget Office and related analyses estimate the Iran war has cost about $38 billion in direct outlays through the first five to six months, with ongoing monthly costs of roughly $2–3 billion and a rebuilding timeline of at least five years for depleted munitions stockpiles.
The Congressional Budget Office estimates the war with Iran is the cause of more than one-third of the increase in inflation this year and that it will cause further increases in the first quarter of next year, according to a new report released Tuesday.
The war against Iran has cost the U.S. more than $38 billion through Aug. 1 and will continue to cost up to $3 billion a month or more. That’s the assessment Tuesday by the nonpartisan Congressional Budget Office. The budget office said the war will contribute to inflation, adding roughly 0.
The war with Iran has cost the US at least $38B through the end of July and is expected to further push inflation higher, according to a nonpartisan CBO assessment.
CBO said the war is expected to contribute to inflation into the first quarter of 2027, driven largely by the reduction of oil and natural gas shipments through the Strait of Hormuz.
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…
The U.S. war against Iran is likely to drive up inflation early next year and could cost at least $2 billion a month as long as it continues, according to a new report from the nonpartisan Congressional Budget Office (CBO).
The most recent government cost estimate for the war in Iran is roughly $38 billion, which is from the Congressional Budget Office, though the actual cost is already higher. The CBO released its latest cost analysis on Tuesday in response to a request from Rep.
Damaging budget report estimates cost would grow $3bn per month and stockpile could take five years to rebuild The war in Iran has cost the US at least $38bn and left its stockpile of defensive missiles so depleted it could take five years to rebuild, the non-partisan Congressional Budget Office (CB…
WASHINGTON >> 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 today, as the Trump administration searches for ways to end the conflict and reopen the vital Strait of Hormuz.
The war in Iran is costing the United States up to $3 billion per month and has tallied more than $38 billion in direct costs to the government since it began more than six months ago and became a flashpoint in voters’ frustrations over rising prices, according to a new and nonpartisan analysis requ…
