Hassett: US Spent $12 Billion on Iran Conflict

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

US War on Iran Costs $12 Billion, Says Economic Council Director Hassett

Representational image (Image: News18)

N

News18•15-03-2026, 23:30

US War on Iran Costs $12 Billion, Says Economic Council Director Hassett

•Director of the National Economic Council Kevin Hassett stated the US has spent approximately $12 billion on the ongoing war with Iran.
•Hassett made the announcement on CBS News’ Face the Nation on Sunday.
•Pentagon estimates previously provided to Congress projected the war would cost $11.3 billion in its first week.
•Hassett did not specify the exact time frame for the $12 billion expenditure.
•He indicated current funding is sufficient, but the OMB will assess future needs for Congressional requests.

Read Full Article on News18 in English

✦

More like this

✦

More like this

Donald Trump has said America will release 172 million barrels of crude oil. AFP

US Spends $12 Billion on Iran War; Economic Adviser Says No Major Threat

A plume of smoke rises after a strike on the Iranian capital Tehran, on March 3, 2026. (Photo: AFP)

US Military's $5.6 Billion Munitions Burn in 48 Hours of Iran Assault Sparks Readiness Fears

Early war costs already outstrip key US health and science budgets, raising political and fiscal questions as funding request heads to Congress.

Pentagon Seeks $200 Billion for Iran War After $11.3 Billion Spent in One Week

Over 1,200 people have been killed in the US-Israeli strikes on Iran. (Reuters/File)

US-Iran War: First Week Costs America $11.3 Billion; Congress Demands Strategy.

ईरान युद्ध में अमेरिका का कितना नुकसान. (फोटो AP)

Trump Claims Iran Collapsing, US Spends $11.3 Billion in War; 'Can Cut Power in 1 Hour'

Netanyahu Cabinet Expands Budget by $13 Billion to Fund Iran War

Netanyahu Cabinet Expands Budget by $13 Billion to Fund Iran War