US-Iran War Cost Soars, Pentagon: Over 900 Billion NTD Expended
The U.S. Department of War announced that the cost of the Iran War has climbed to nearly 29 billion USD (approximately 914.3 billion NTD), with President Trump facing increasing scrutiny over the conflict's impact on military readiness.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 00:53
- 🔍 Collected: May 13, 2026 at 01:02 (8 min after Published)
- 🤖 AI Analyzed: May 13, 2026 at 02:58 (1h 56m after Collected)
US-Iran War Key News
Central News Agency (Washington 12th, Comprehensive Foreign Report) The U.S. Department of War announced today that the cost of the war against Iran has climbed to nearly 29 billion USD (approximately 914.3 billion New Taiwan Dollars). At this time, President Trump is facing increasingly strict scrutiny due to the US-Iran conflict and its impact on military readiness.
Agence France-Presse reported that the Department of War released these latest figures at a budget hearing on Capitol Hill, which is approximately 4 billion USD more than the estimate provided by Secretary Pete Hegseth two weeks ago.
Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine testified today alongside Pentagon Comptroller Jules Hurst for the 2027 budget proposal of 1.5 trillion USD and were asked to update the war expenditure figures.
Hegseth had estimated the cost of the US-Iran war to be 25 billion USD on April 29, but Hurst told lawmakers that they now 'believe it is close to 29 billion USD.'
Reuters reported that with only six months left until the midterm elections, Democrats are trying to link this war to cost-of-living issues, and their support is growing in polls. The Republican Party, led by Donald Trump, may face a difficult challenge in retaining its majority in the House of Representatives. (Editor: Yang Chao-yen) 1150512
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Central News Agency (Washington 12th, Comprehensive Foreign Report) The U.S. Department of War announced today that the cost of the war against Iran has climbed to nearly 29 billion USD (approximately 914.3 billion New Taiwan Dollars). At this time, President Trump is facing increasingly strict scrutiny due to the US-Iran conflict and its impact on military readiness.
Agence France-Presse reported that the Department of War released these latest figures at a budget hearing on Capitol Hill, which is approximately 4 billion USD more than the estimate provided by Secretary Pete Hegseth two weeks ago.
Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine testified today alongside Pentagon Comptroller Jules Hurst for the 2027 budget proposal of 1.5 trillion USD and were asked to update the war expenditure figures.
Hegseth had estimated the cost of the US-Iran war to be 25 billion USD on April 29, but Hurst told lawmakers that they now 'believe it is close to 29 billion USD.'
Reuters reported that with only six months left until the midterm elections, Democrats are trying to link this war to cost-of-living issues, and their support is growing in polls. The Republican Party, led by Donald Trump, may face a difficult challenge in retaining its majority in the House of Representatives. (Editor: Yang Chao-yen) 1150512
Choose to stand with facts; every donation is a force to protect press freedom.
Download the Central News Agency's "First-hand News" App to stay updated with the latest news.
Text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.