War in Iran. The US military launched a new wave of strikes against Iran

U.S. Secretary of Defense Pete Hegseth announced Tuesday that the ongoing conflict with Iran has incurred approximately $37.5 billion in costs for the United States. The figure encompasses both expenses already incurred and projected expenditures through the end of the current fiscal year, which concludes on September 30th.

During a Senate hearing, Secretary Hegseth addressed questions from Democratic Senator Dick Durbin regarding the financial impact of the war. He detailed that the $37.5 billion estimate includes various components, such as compensation for military personnel and operational upkeep. The hearing took a tense turn as senators expressed frustration with the U.S.

strategy in the region. Following Durbin’s inquiry about potential further increases in costs, Hegseth clarified that a significant portion of the existing $37.5 billion projection already accounted for anticipated expenses through September 30th. He maintained that the estimate represents a comprehensive assessment of the financial commitment to date.

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