Taxpayers Footing Over $47 Billion Dollar Bill For Iran War

October 28, 2026 2:58 pm

WASHINGTON (AP) — The cost of the Iran war to American taxpayers has grown to an estimated $47.1 billion. The Pentagon has provided the figure to Congress, showing a $3.5 billion bump over six weeks. The growing cost of the unpopular 8-month-old war and its economic ripple effects could hurt Republicans in next week’s midterm elections. Voters are deciding which political party will control Congress during President Donald Trump’s last two years in office. The Republican president has said new strikes on Iran are an option after the midterms and is sending more military resources to the Middle East. The war’s cost and military spending in general are already a contentious issue on Capitol Hill.