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Fortune
Fortune
Steve H. Hanke, Jeffrey Weng

America shot its arsenal empty in 2 wars. Now it needs Beijing's permission to reload

hegseth (Credit: Daniel Heuer/Bloomberg via Getty Images)

On Wednesday, the Trump administration finally let the cat out of the bag that Operation Epic Fury, America’s war on Iran, has burned through $25 billion so far. But that is just the tip of the iceberg. The White House has already requested a supplemental budget of $200 billion for its war on Iran.

The inventory math is brutal. The Center for Strategic and International Studies (CSIS) finds that in Iran alone, the United States burned through 45% of its Precision Strike Missile stockpile, half of its THAAD interceptors, nearly half of its Patriot PAC-3 inventory, roughly 30% of its Tomahawks, and more than 20% of its long-range JASSMs.

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