Budget Office Estimates Iran War Has Cost $38 Billion

“The war in Iran cost the United States roughly $38 billion through Aug. 1 and significantly depleted U.S. munitions, the Congressional Budget Office, the nonpartisan scorekeeper, said on Tuesday,” the New York Times reports.

“In a 19-page analysis, which the office said had been limited because the Defense Department did not respond to its requests for information, the CBO also projected that the war would continue to cost approximately $2 billion to $3 billion per month, and that rebuilding depleted U.S. stockpiles could take ‘at least five years.'”

CNN: Iran war expected to cause a spike in U.S. inflation, according to budget watchdog.