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May 12, 2026
Pentagon Reports $29 Billion Cost of U.S. War in Iran
- The Pentagon announced the war in Iran has now cost $29 billion, up from $25 billion last month.
- This increase includes updated equipment repair and operational costs, according to a senior Pentagon official.
- Democrats are leveraging these costs to highlight economic issues as midterm elections approach.
3 Sources
- US war in Iran has cost $29 billion, Pentagon saysMay 12, 2026 at 1:25 PM · Reuters
- Pentagon Puts War Cost at $29 Billion as Hegseth Deflects on FundingMay 12, 2026 at 3:23 PM · NYT
- Pentagon's estimate for Iran war grows to $29BMay 12, 2026 at 4:32 PM · Politico