Iran war costs $38 billion as CBO warns of higher inflation, depleted weapons
A Congressional Budget Office assessment reports that the conflict with Iran has cost the United States at least $38 billion through the end of July. The nonpartisan agency warns that these expenditures are expected to drive inflation higher while significantly depleting domestic weapon stockpiles.
The war with Iran has cost the US at least $38B through the end of July and is expected to further push inflation higher, according to a nonpartisan CBO assessment.
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