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Iran war bill hits $47.1 billion for US taxpayers as Trump weighs fresh strikes

The cost of the Iran war to American taxpayers has risen to an estimated $47.1 billion, according to the latest Pentagon figures provided to Congress, as

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The cost of the Iran war to American taxpayers has risen to an estimated $47.1 billion, according to the latest Pentagon figures provided to Congress, as the eight-month conflict threatens to become a key issue in next week's US midterm elections. The estimate, compiled by US central command (Centcom) as of October 16, marks a $3.5 billion increase since early September. It comes as President Donald Trump leaves open the possibility of renewed strikes against Iran and sends additional military resources to the Middle East.The growing financial burden, coupled with the war's impact on energy prices, could hurt Republicans as voters decide which party will control Congress for the final two years of Trump's presidency. According to a recent AP-NORC poll, most Americans want Congress to prioritise ending the conflict.The latest estimate, obtained by The Associated Press this week, puts the cost of replacing munitions at about $29 billion, making it the largest component of the war's expenses. Defensive missile interceptors, including those used by the Army's Patriot and Terminal High Altitude Area Defence (THAAD) systems, account for a significant share of the demand. A single Patriot interceptor can cost millions of dollars.The Pentagon estimates that operational costs account for about $11.9 billion, while equipment losses have added another $6 billion. The Air Force's costs stand at $7.6 billion, while the Army's have exceeded $2 billion. The Navy's reported costs, however, have fallen to $1.45 billion from $2.2 billion in early September.The Navy and Centcom referred questions about the decline in the Navy's cost estimate to the Pentagon. The department did not immediately respond to emails seeking comment.The latest figures do not include damage to US military bases across the Middle East. Iran has targeted American installations with ballistic missiles and drones. A Pentagon inspector general's report released last month said Iranian strikes had damaged or destroyed hundreds of buildings and other structures at US bases in Kuwait, Bahrain, Qatar, the United Arab Emirates, Saudi Arabia, Iraq, Oman and Jordan.The Pentagon's official tally lists 21 US service members killed and 865 wounded in the conflict. The figures include deaths from medical events and other circumstances not directly linked to the fighting. Eighteen service members were killed in Iranian strikes, combat aircraft crashes or during the disposal of Iranian drones.War costs become political flashpointThe financial toll has intensified the debate in Congress over military spending. The Trump administration is seeking approval for a proposed $1.5 trillion military budget, which would be a historic level of spending. The White House has also asked lawmakers to approve a $95 billion package to help fund the Iran war and other priorities.Wednesday marks eight months since the conflict began. Democrats have repeatedly tried to end the war through legislation, but their efforts have failed in the Republican-controlled Congress.Senate Minority Leader Chuck Schumer criticised the administration's handling of the conflict and called for an end to the fighting.“Trump and his ego led us into this war with no plan, no authority, and no exit strategy," Senate Minority Leader Chuck Schumer of New York said in a news release. "Senate Democrats will continue to do everything in our power to end this disaster of a war and stop the costs, chaos, and corruption seeping from the White House.”Trump initially promised a military campaign lasting only a matter of weeks. He has since repeatedly weighed the possibility of reaching a deal with Iran against the option of escalating the conflict.The president has said further strikes remain an option after the midterm elections. Meanwhile, a third aircraft carrier and thousands of additional troops are heading to the region. The administration has also reduced staffing at some US embassies after receiving intelligence that Iran had stepped up efforts to target American personnel.With the cost of the war rising in lives, public funds and economic disruption, the prospect of renewed hostilities could add to pressure on the administration as voters prepare to decide control of Congress.You use AI every day. Now get your AI Quotient. Take the AIQ test.

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Wednesday, October 28, 2026

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