US War Against Iran Costs $38 Billion, CBO Reports

Washington DC. The US Congress's non-partisan budget office (CBO) has stated that the war the US has been conducting against Iran for six months has cost approximately 38 billion US dollars so far. According to the office, the cost could increase by an additional approximately 3 billion dollars every month if the war continues.

CBO's calculation is based on expenses incurred up to August 1. According to the report, the war could cause US inflation to rise by 0.5 percent in the first three months of 2027.