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Roll Call
Roll Call
John M. Donnelly

Iran war has cost $38 billion and counting, CBO says

The Iran war directly cost the Pentagon $38 billion through July and is likely to consume $2 billion to $3 billion more per month if recent hostilities in the region continue, the Congressional Budget Office reported Tuesday.

The CBO report’s estimate of the war’s direct impact on the federal budget is made up mostly of the cost of replacing expended munitions, as well as the fiscal impact of equipment losses and expenses such as fuel and extra military pay.

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