A new budget report reveals the war in Iran has drained U.S. military resources, with costs reaching tens of billions and defensive missile stockpiles critically depleted—potentially requiring years to restore. The Congressional Budget Office estimates expenses could swell by billions monthly, while a Pentagon review confirms over $30 billion in munitions spending alone, exposing supply chain weaknesses. With midterm elections approaching, the financial and strategic fallout may further strain political priorities amid rising public concerns. The findings underscore long-term challenges in sustaining military readiness amid prolonged conflict.
Damaging budget report estimates cost would grow $3bn per month and stockpile could take five years to rebuildThe war in Iran has cost the US at least $38bn and left its stockpile of defensive missiles so depleted it could take five years to rebuild, the non-partisan Congressional Budget Office (CBO) has found, in a damaging report less than two months before midterm elections where the war and the cost of living crisis will likely hurt Republicans at the polls.The economic report comes one day after the Pentagon’s inspector general finally released its own first review of the war, saying that the US spent $22.3bn on munitions alone through 30 June, put total spending at $33.4bn and found the fighting had “resulted in strategic inventory shortfalls and revealed industrial base bottlenecks for munitions resupply”. Continue reading...
