Iran war has cost US taxpayers $38 billion — and the bill keeps growing

The Congressional Budget Office (CBO) has released new figures on the financial toll of the US military campaign against Iran. According to the agency, the conflict has cost American taxpayers approximately $38 billion so far, and that figure continues to climb.

Monthly costs keep rising

The CBO says the prolonged military operation is draining the federal treasury at a rate of $2 billion to $3 billion per month. Should the campaign continue at its current pace, total costs could rise substantially in the coming months.

The Congressional Budget Office is an independent agency that provides US lawmakers with nonpartisan financial analysis of government programs and military operations. Its estimates frequently serve as a reference point in debates over federal budget priorities and defense spending.

Potential impact on congressional debate

The mounting costs could become a significant topic in upcoming congressional debates, as lawmakers will need to decide on further funding for the military campaign. Historically, prolonged wartime spending has created tension between the administration and Congress, particularly when a conflict's duration and ultimate costs remain uncertain.

It is not yet known how long the military campaign will continue, leaving the final total cost unclear. The CBO has indicated it will keep tracking expenditures and regularly update its estimates to provide Congress with current information for decision-making.