Iran war costs $38 billion as CBO warns of higher inflation, depleted weapons
Source: ABC News
September 15, 2026, 2:48 PM
The war with Iran has cost the United States at least $38 billion through the end of July and is expected to further push inflation higher for American households, according to a nonpartisan Congressional Budget Office (CBO) assessment released Tuesday.
The CBO also warned that depleted weapon stocks could take a half decade or longer to rebuild, crippling the Pentagon’s ability to respond to another major conflict.
It also warns that depleted weapon stocks could take a half decade or longer to rebuild, crippling the Pentagon’s ability to respond to another major conflict.
The assessment describes the financial and military consequences that will persist beyond the fighting, leaving the Pentagon with fewer weapons available for another major conflict while skyrocketing energy prices put pressure on household budgets.
Read more: https://abcnews.com/Politics/iran-war-costs-38-billion-cbo-warns-higher/story?id=136465149
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