CBO puts Iran conflict cost at 38 billion dollars as US missile stocks strain
The nonpartisan Congressional Budget Office says the Iran conflict has cost the Pentagon thirty-eight billion dollars through August first, twenty twenty-six, with up to three billion a month ahead, while a Pentagon inspector general documents hundreds of damaged structures and dozens of destroyed aircraft at Middle East bases. It marks the first hard accounting of a war whose scale has been obscured by daily headlines. Listen for what the fiscal and inflation projections mean for the war's political durability ahead of the November midterms.
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The Department of Defense spent thirty-eight billion dollars on the Iran conflict through August twenty twenty-six.
Defensive interceptor costs nearly doubled the amount spent on offensive missiles during the conflict.
Conflict-related spending and trade disruptions could add half a percentage point to year-over-year inflation.
The military lost thirty Reaper drones and seven aerial refueling tankers during the regional operations.
Sixty-five percent of the Patriot interceptor stockpile was expended, leaving fewer than eight hundred thirty missiles.
Rebuilding depleted missile stocks to pre-conflict levels could take between three and eight years.
- 01Intro1 min
- 02The Thirty-Eight Billion Dollar Ledger2 min
- 03The Economic Ripple Effect2 min
- 04Base Damage and Airpower Losses2 min
- 05The Interceptor Crisis2 min
- 06Outro1 min
- Estimating the Cost of Combat Operations Against Iran
- Estimating the Cost of Combat Operations Against Iran
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