Hegseth says Iran war will cost $37.5 billion
Source: NBC News Politics · Bias: Center Left
Summary
Defense Secretary Pete Hegseth told senators that he estimates the Iran war has cost the U.S. military $37.5 billion so far. That estimate is an increase from the $28 billion quoted in the spring, before a ceasefire went into effect. NBC News reported this month that some experts and officials have put the overall cost for the war at $80 billion to $100 billion.
Related Coverage
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- Iran-backed Houthis launch retaliatory strikes on Saudi Arabia (Center — The Hill News)
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Daily Analysis
Read the full Parallax Pulse for July 21, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.






