Defense Secretary Pete Hegseth told the Senate Appropriations Committee that the war with Iran has cost $37.5 billion to date. The administration is requesting an additional $67 billion in supplemental funding to cover expenses and replenish military supplies. This figure marks an increase from the $29 billion estimate provided in May.
Renewed nightly strikes in the Strait of Hormuz follow the collapse of a recent ceasefire with Iran. Hegseth warned that the funds are urgently needed to prevent pay shortfalls for service members and equipment replacement delays. Total conflict costs may exceed current estimates once base damages and additional expenses are finalized.