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US-Iran War Costs Surge to $38B | Perth News

US-Iran War Costs Surge to $38B | Perth News

Published 1 month ago
Description

The U.S. war with Iran has already cost $38 billion in six months—and that’s just the beginning. Experts warn costs could soar another $3 billion monthly, pushing inflation up by half a percent by early 2027. The Pentagon’s rapid use of munitions has nearly depleted long-range precision missiles, with full replenishment taking up to five years. While the White House calls the conflict essential for national security, lawmakers decry it as a costly, deadly misstep. The Congressional Budget Office’s report—requested by a top Democrat—doesn’t include strikes in the Strait of Hormuz or interest on borrowed funds, meaning the true financial toll may be far worse. Meanwhile, Pentagon officials insist they’re fully stocked, despite growing concerns about future readiness.

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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.perthnow.com.au/news/conflict/iran-war-cost-at-us38b-congressional-budget-office-c-22876948

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