Name: Hegseth Estimates Cost of Iran War Is Now $37.5 Billion
Uploaded: 2026-07-21T21:14:00Z
Duration: 1 min 3 s
Description: During a Senate Appropriations Committee hearing, Secretary of Defense Pete Hegseth gave an estimate for the costs of the Iran war that was $9 billion higher than the Pentagon's last update.

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During a Senate Appropriations Committee hearing, Secretary of Defense Pete Hegseth gave an estimate for the costs of the Iran war that was $9 billion higher than the Pentagon's last update. Photo: Jacquelyn Martin/Associated Press

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During a Senate Appropriations Committee hearing, Secretary of Defense Pete Hegseth gave an estimate for the costs of the Iran war that was $9 billion higher than the Pentagon's last update.

Hegseth Estimates Cost of Iran War Is Now $37.5 Billion

You estimated at one point that the cost of the war in Iran was $29 billion, but then added a caveat that there was a replacement of munitions, for example. Do you have a new estimate about what the war has cost us so far in this, the fifth month of the first year of this war in Iran?

Senator, the estimate we have as of today is 37.5 billion.

And is the current activity, which we've been told about, the exchange of fire back and forth in Iran, an indication that that number's gonna go up in the months ahead?

Some of that number captures additional O&M, mil pay, and other that would be anticipate through the fiscal year. So some of that anticipates what costs would be going out in the future as well.

So the new number you've given me is what?

37.5 billion, Senator.

And that represents the cost of the war through what period of time?

Through now for certain aspects of it, but also mil pay, O&M, other anticipated costs through September 30th, Senator.