"Pentagon officials told members of Congress in a closed door meeting on Tuesday that they estimated the cost of the war exceeded $11.3 billion in the first 6 days of the conflict. And those figures do not include costs such as the hardware and personnel that were put in place in advance of the first strikes."
"Kent Smetters, faculty director of the Penn Wharton Budget Model, forecasts that the meter is now running at roughly $800 million a day. Other estimates, including that advanced by John Phillips, a British safety, security, and risk advisor, put the daily tab at $1 billion."
"An Iran war that lasts 60 days would hike the deficit by that $65 billion plus $1.4 billion in interest, or around $66.4 billion. That's an increase of 3.6% that would raise the shortfall's share of GDP from the forecasted 5.8% to 6.0%."
Pentagon officials reported that the first six days of conflict with Iran cost $11.3 billion, with daily expenses estimated between $800 million to $1 billion. A two-month conflict would cost approximately $65 billion in new expenses plus $1.4 billion in interest. This occurs amid deteriorating U.S. finances, with the Congressional Budget Office projecting a 2026 deficit of $1.853 trillion. A 60-day war would increase the deficit by 3.6%, raising its share of GDP from 5.8% to 6.0%. Additionally, Supreme Court rejection of Trump tariffs could reduce federal revenue by $74 billion annually, compounding fiscal pressures.
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