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Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says
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Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says

๐Ÿ‡ฎ๐Ÿ‡ท IranSep 16, 2026 00:46SRC: AL MONITOR

Intelligence summary

By Jacob Bogage WASHINGTON, Sept 15 (Reuters) - The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress' nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the conflict and reopen the vital Strait of Hormuz. The war is expected to increase inflation by 0.5% in the first three months of 2027, according to the Congressional Budget Office accounting, which totaled expenses

Detailed report

By Jacob Bogage WASHINGTON, Sept 15 (Reuters) - The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress' nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the conflict and reopen the vital Strait of Hormuz. The war is expected to increase inflation by 0.5% in the first three months of 2027, according to the Congressional Budget Office accounting, which totaled expenses through August 1.
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