Source: Popular Information
by Stephen Semler
“Secretary of War Pete Hegseth and Acting Comptroller Jules Hurst told Congress last week that the Iran War had cost $25 billion through the first 60 days. The next day, CBS reported that officials familiar with the Pentagon’s internal assessments estimated the cost was actually closer to $50 billion — double the amount department leadership had just stated publicly. However, even the figure reported as the war’s ‘true cost’ is at least $22 billion too low. Popular Information conducted a cost estimate of the Iran War based on officials’ statements, military procurement and operations data, and reporting on deployments and armament use. Through 60 days, the US spent an estimated $71.8 billion on the Iran War, or $1.2 billion per day on average.” (05/06/26)