Iran war's cost to American taxpayers grows to an estimated $47.1 billion
WASHINGTON — The cost of the Iran war to American taxpayers has grown to $47.1 billion, according to a new estimate the Pentagon has provided to Congress. The fallout from the conflict has become a key issue in the midterm elections and could increase as President Donald Trump leaves open the possibility of renewed hostilities. The figure from U.S. Central Command, which oversees operations in…
The cost of the Iran war to American taxpayers has reached an estimated $47.1 billion, according to a new Pentagon estimate provided to Congress. This figure, as of October 16, represents the most current cost since the conflict began in late February with U.S. and Israeli involvement. The latest price tag reflects a $3.5 billion increase in U.S. spending since early September, when the cost was around $43.6 billion.
The rising expense of this unpopular war and its economic consequences, particularly on energy prices, could negatively impact Republicans in the upcoming midterm elections scheduled for next week. American voters will be deciding which party will control Congress during the final two years of President Donald Trump's term. Trump has indicated that the possibility of new strikes on Iran remains an option following the midterms and has recently escalated military activity in the region.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 3 other outlets
- Iran war's cost to American taxpayers grows to an estimated $47.1 billion koreatimes.co.kr
- US: Cost of war with Iran estimated at $47 billion, and could rise further israelnationalnews.com
- Iran war’s cost to American taxpayers grows to an estimated $47.1 billion winnipegfreepress.com
