Wednesday, 16 September 2026
Rīga TV

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EconomyPublished: 16 September 2026 at 09:43

US Congressional Budget Office: Iran conflict has cost military $38 billion

The US Congressional Budget Office announced that the conflict with Iran has cost the American armed forces approximately $38 billion so far. The figure was released on Tuesday by the agency responsible for federal financial estimates for Congress.

The US Congressional Budget Office (CBO) announced on Tuesday that military action against Iran has so far cost the United States armed forces approximately $38 billion.

The CBO is an independent agency that prepares financial and budgetary analyses for the US Congress, including assessments of government spending across various sectors, including the military. The figure it released reflects the total costs associated with the conflict to date.

The agency has not disclosed further details on how this sum was calculated or which specific expenditure categories make up the total, beyond what was stated in its official announcement.

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