US defence chief Hegseth puts Iran war cost at $37.5bn so far
Latest cost comes as Hegseth and Joint Chiefs Chairman Caine seek a $1.5 trillion budget, including $70bn for Iran war.
AI Summary
US Defense Secretary Pete Hegseth stated the official cost of the US-Israel war on Iran is $37.5 billion, a figure that includes operations and maintenance through September. Hegseth and Joint Chiefs Chairman Dan Caine are seeking a $1.5 trillion defense budget that allocates nearly $70 billion for the Iran war. The estimate is lower than others, such as Moody’s Analytics’ $150 billion, and comes as fighting continues after a collapsed ceasefire.