IsItCap Score
Truth Potential MeterSomewhat Credible
Somewhat Credible
cnbc.com
The Iran war could cost the American taxpayer $1 trillion, says Harvard academic
"I am certain we will reach $1 trillion for the Iran war," said Professor Linda Bilmes, public policy expert at the Harvard Kennedy School, in an internal interview. Her research, published two days before the temporary ceasefire announcement on April 8, identified several reasons why this military operation could have catastrophic consequences for the U.S. national debt well into the future. She estimates the short-term, upfront costs as totaling around $2 billion per day during the 40 days of live conflict.
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nytimes.com
What $25 Billion Spent on the War in Iran Really Means - The New York Times
The Defense Department will spend about as much in inflation-adjusted dollars this year as it has in any of the last 25 years, a span covering the wars in Iraq and Afghanistan. (As a share of the overall American economy, however, total military spending is on track to be appreciably lower this year than it was during the peak years of those conflicts.) This month, President Trump requested a record $1.5 trillion in his annual military budget, a number vastly out of scale with these historical spending trends.
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fortune.com
‘I am certain’: Harvard policy expert warns the true cost of the Iran war to U.S. taxpayers will exceed $1 trillion | Fortune
The Pentagon told Congress <strong>the first week of the war reportedly cost about $11.3 billion alone</strong>. If that rate of spending continued, the cost of the war would have exceeded $35 billion by April 1, according to think tank American Enterprise Institute.
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asiatimes.com
Brouhaha over Iran war costs to US taxpayers - Asia Times
“<strong>It is hard to measure the exact cost</strong>,” said Bilmes. “But based on what we know now, it is costing about two billion dollars a day in short-term, upfront costs, which is the tip of the iceberg.”
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commondreams.org
'The Pentagon Is Lying': Iranian Foreign Minister Puts US Cost of War at $100 Billion | Common Dreams
Linda Bilmes, a public policy expert at the Harvard Kennedy School, said in early April that <strong>the Iran war's cost to the US is likely to exceed $1 trillion in the long-term, when accounting for veterans' care and other outlays.</strong>
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nbcnews.com
Iran war has cost the U.S. $25 billion so far, Pentagon official says
"So we’ve already spent the dollars on munitions and things like that, so we’re factoring in costs of munitions expended in that total." The total, Hurst said, "reflects the munitions that have been spent to date and other operational costs." The explanation prompted criticism from Goodlander, who told Hegseth, "We are 60 days in to your war of choice in Iran and you can’t give us an answer on the basic breakdown of American taxpayer dollars that have been spent?”
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