US: Cost of war with Iran estimated at $47 billion, and could rise further
<p>The cost of the war in Iran to the US military is estimated at $47 billion, CBS reported, based on an estimate by the US Central Command (CENTCOM). The amount does not include the costs of damage caused to US bases in the Middle East, so the total cost is expected to be higher.</p>
The cost of the Iran war to American taxpayers has reached an estimated $47.1 billion, according to a recent assessment from the Pentagon to Congress. This figure, provided by U.S. Central Command, represents the most current cost of the conflict since its inception in late February by the United States and Israel. The latest price tag marks a $3.5 billion increase in U.S. spending since early September, when the cost was approximately $43.6 billion.
The rising expenses of the unpopular war and its economic consequences on energy prices may negatively impact Republicans in the upcoming midterm elections, which take place next week. On Tuesday, American voters will determine which political party will control Congress during President Donald Trump's final two years in office.
President Trump has indicated that renewed strikes on Iran are a possibility following the midterms. Additionally, he is considering deploying more military forces as part of the ongoing situation.
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.
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- Iran war's cost to American taxpayers grows to an estimated $47.1 billion koreatimes.co.kr
- American taxpayers' bill for Iran war grows to estimated $47.1 billion pbs.org
- US military spending on Iran war tops $47 billion: Pentagon english.ajel.sa
- Iran war’s cost to American taxpayers grows to an estimated $47.1 billion winnipegfreepress.com