Event Brief
Hegseth estimates Iran war cost at $37.5 billion
Filed: Jul 21, 2026 at 9:00 PM ET
Summary: Defense Secretary Pete Hegseth told senators the Iran war has cost $37.5 billion and sought more supplemental funding.
WHO: Pete Hegseth
WHAT: Hegseth put the Iran war’s cost so far at $37.5 billion and said the administration needs nearly twice that amount to continue operations.
WHEN: Jul 21, 2026 at 8:22 PM ET
WHERE: USA
WHY: He was presenting updated cost estimates and arguing for additional supplemental funding at a Senate Appropriations Committee hearing.
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