Hegseth says Iran war has cost $37.5bn in latest official US account
Summary
The U.S. Secretary of Defense Pete Hegseth said the official cost of the U.S.-Israel war on Iran is $37.5 billion. He gave this number during a Senate hearing, where officials also asked for a $1.5 trillion defense budget, including nearly $70 billion for the war.Key Facts
- The war on Iran officially costs $37.5 billion according to Defense Secretary Pete Hegseth.
- This figure was shared during a Senate appropriations committee hearing.
- The U.S. defense budget request is $1.5 trillion, with nearly $70 billion for the Iran conflict.
- The $37.5 billion includes some costs into the end of September but lacks detailed breakdowns.
- Earlier estimates from President Trump’s administration put the cost at $29 billion in May.
- Some outside analysts estimate the war’s domestic cost could reach $150 billion due to effects like higher energy prices.
- Fighting between the U.S. and Iran has continued after a ceasefire agreement ended last week.
- President Donald Trump has threatened more strikes on Iran and vowed retaliation after the deaths of two U.S. soldiers.
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