American taxpayers' bill for Iran war grows to estimated $47.1 billion
Summary
The Pentagon estimates that the Iran war has cost U.S. taxpayers $47.1 billion as of Oct. 16. The estimate is $3.5 billion higher than the figure reported in early September, and the war’s cost and effects on energy prices have become issues in the midterm elections.Key Facts
- U.S. Central Command provided the estimate to Congress.
- The United States and Israel launched the conflict in late February.
- The estimated cost rose from about $43.6 billion in early September.
- The estimate was obtained by The Associated Press.
- The war’s economic effects include higher energy prices.
- Voters will choose which party controls Congress in the midterm elections.
- President Donald Trump has left open the possibility of renewed hostilities.
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