US Defense Secretary Hegset clashed with American lawmakers over cost of war on Iran in his first appearance on Capitol Hill. The Pentagon told a hearing of the House Armed Services Committee that the US had spent $25bn on its war on Iran, largely on munitions and equipment maintenance. However, Democratic leaders and several economists believe that number to be a significant underestimate. They say the actual cost to the US economy and the country’s 330 million people could amount to between $630bn and $1 trillion.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Houthi Red Sea campaign is having economic consequences: Sunak

British Prime Minister Rishi Sunak has said the Houthis’ “illegal” harassment campaign…

Trump says the US will be hitting Iran ‘very hard’ tonight

The US president made the announcement on his Truth Social media platform.…

Pope Francis wants to visit Russia

Italy: Pope Francis, aboard the papal plane, let out on Monday that…

Slovakia sends MIG-29 fighter jets to Ukraine: PM

Slovakia on Friday became the second of Ukraine’s allies to provide MIG-29…