Iran war has cost the US more than $38 billion so far, says Congressional Budget Office
The nonpartisan Congressional Budget Office reports that up to $3 billion more is being spent on the war each month, depending on the intensity of fighting.
The nonpartisan Congressional Budget Office reports that up to $3 billion more is being spent on the war each month, depending on the intensity of fighting. Grouped from 10 articles across 7 sources.
Ranked reports inside the event cluster. Open any publisher link to read the original coverage.
The nonpartisan Congressional Budget Office reports that up to $3 billion more is being spent on the war each month, depending on the intensity of fighting.
It added that costs per month could range between US$2 billion-US$3 billion or more if the conflict continued.
The Congressional Budget Office estimated the war between Feb. 28 and Aug. 1 has directly cost the U.S. about $38 billion.
New federal government reports shed light on sweeping fiscal toll of Middle East conflict
WASHINGTON, Sept 15 - 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 conflict and reopen the vital Strait of Hormuz.
The inspector also found a bottleneck in resupply, despite President Donald Trump's claims that US supplies are "virtually limitless".
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 estimates the Iran war cost the Pentagon $38.1 billion through Aug. 1 and could cost another $2 billion to $3 billion each additional month.
President Trump has continued to brush off the concerns, insisting the US has "virtually unlimited" stock just a few weeks ago.
The first-of-its-kind report acknowledges the military's munition shortfall and details some of the losses of American assets so far as part of Operation Epic Fury.
Nearby clusters pulled from title, summary, and keyword similarity in PostgreSQL.
Report by nonpartisan research body finds that replenishing depleted munitions stockpiles could take up to five years.
The announcement by the US points to a developing field of modern warfare in the Earth's orbit. Grouped from 8 articles across 7 sources.
For a third time, the US House approved a war powers resolution, halting Trump's ability to continue military action. Grouped from 2 articles across 2 sources.
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
The same class of bombs raised concerns under the Biden administration because of the risk of large civilian casualties in densely populated Gaza Grouped from 4 articles across 4 sources.
A new GSMA report finds that 3.4 billion people remain offline despite living within mobile broadband coverage, as rising component costs push smartphones further out of reach for the world's poorest.