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News in English (USA) / 12.05.2026 / 20:00

Pentagon Reports Rising Costs of Iran War Amidst Inflation Concerns

The Pentagon has recently updated the estimated cost of the Iran war to approximately $29 billion, a significant increase that has drawn scrutiny from lawmakers and the public. During a Capitol Hill hearing, prominent figures, including Rep. Pete Hegseth, called for additional funding as the economic impacts of the war become increasingly apparent. Critics, including Democrats, have pointed out that the soaring costs, coupled with inflation, are affecting American families, with some estimates suggesting the war could cost even more than reported. The ongoing conflict has ignited a fierce debate over military spending and its broader implications for the economy, as experts put the total cost of U.S. involvement in Iran significantly higher in just the early months of conflict.
Forbes, The New York Times, The Intercept, WSJ, The Hill, Politico, ARLnow, Fox News, The Guardian, Al Jazeera