The record
Written from the 1 report below. Nothing here is unsourced.
- The six-month U.S. war with Iran has cost $38 billion, according to the Congressional Budget Office.
- The CBO projects the war's cost will grow by about $3 billion every month going forward.
- Most of the spending has gone to replacing munitions, and the CBO estimates it could take five years to rebuild U.S. stockpiles.
- Eighteen U.S. service members have died in the war, and the conflict has pushed up energy prices and inflation.
- The shortfall in missiles and interceptors could limit the Pentagon's ability to respond to another major conflict, such as one involving China and Taiwan.
What to watch next
- Congress' decision on the Pentagon's request for nearly $90 billion in emergency funding to restock munitions.
- Efforts by the Trump administration to end the conflict and reopen the Strait of Hormuz.
- Whether the CBO's forecast of a 0.5% inflation rise in early 2027 plays out as energy prices stay elevated.
Who said what3
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Sean Parnell
1 quote · 1 outlet
“We have everything required to strike at the time and place of the president’s choosing.”
In the article
…enough munitions, ammo, and stockpiles to serve all of the Commander-in-Chief’s strategic goals and beyond.” Chief Pentagon spokesperson Sean Parnell disputed the report’s findings of munitions shortages and said, “ We have everything required to strike at the time and place of the president’s choosing. ” The cost inquiry was conducted at the request of the top Democrat on the U.S. House of Representatives Budget Committee, Brendan Boyle of Pennsylvania. “Donald Trump’s disastrous war in Iran has already taken the…
Brendan Boyle
1 quote · 1 outlet
“Donald Trump’s disastrous war in Iran has already taken the lives of brave American servicemembers and left others wounded”
In the article
…to strike at the time and place of the president’s choosing.” The cost inquiry was conducted at the request of the top Democrat on the U.S. House of Representatives Budget Committee, Brendan Boyle of Pennsylvania. “ Donald Trump’s disastrous war in Iran has already taken the lives of brave American servicemembers and left others wounded ,” Boyle said in a statement. “Beyond that human toll, this nonpartisan CBO report makes clear that the war has also cost American taxpayers tens of billions of dollars and counting, while continuing to drive up costs.”…
Pete Hegseth
1 quote · 1 outlet
“Without these funds, we face critical shortfalls”
In the article
…another major conflict, such as potential hostilities involving China and Taiwan, CBO said. At the July hearing in the Senate, Hegseth pleaded for nearly $90 billion in emergency funding to restock munitions supplies. “ Without these funds, we face critical shortfalls ,” Hegseth said. The Pentagon’s inspector general reported this week that Iran had damaged or destroyed hundreds of buildings on U.S. bases in the Middle East as well as aircraft including fighter jets, refueling planes…
Coverage1
All filed from India
Named United States · Iran · Department of Defense · Anna Kelly · Brendan Boyle · Congressional Budget Office · Donald Trump · House of Representatives Budget Committee · Pete Hegseth · Sean Parnell · United States Government · White House
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