Event Brief
CBO estimates Iran war costs U.S. exceed $38B
By The BriefBrief · Sources (23)
Filed: Sep 15, 2026 at 3:04 PM ET
UPDATED Sep 16, 2026 at 6:05 PM ET
Summary: The U.S. Congressional Budget Office estimates the Iran war has cost the United States more than $38 billion so far. The estimate is largely based on replacing munitions and equipment lost in battle and excludes costs tied to U.S. personnel killed or injured and longer-term effects.
WHO: Congressional Budget Office (CBO)
WHAT: CBO estimated that the U.S. has spent more than $38 billion so far on the Iran war, largely for replacing battle-lost munitions and equipment.
WHEN: Sep 16, 2026 at 3:56 PM ET
WHERE: USA
WHY: The estimate was produced to account for costs of replacing munitions and equipment lost in battle, while excluding costs for killed or injured personnel and longer-term effects.
How this story developed (showing 2 of 2 earlier reports)
Sources (23):
ARY News,
Al Jazeera,
Bloomberg,
Breaking Defense,
CBS News,
CNBC Top News,
Euronews,
Financial Times,
France 24,
Japan Times,
Jerusalem Post,
LA Times,
MarketWatch,
Middle East Eye,
NBC News,
NPR,
New York Times,
PBS NewsHour,
Politico Europe,
South China Morning Post,
Straits Times,
The Hindu,
The Independent
—
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