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PoliticsMar 17

White House Economic Adviser Says Iran War Has Cost $12 Billion, Funding Adequate

Kevin Hassett told CBS that the Iran conflict has cost $12 billion so far and current funding is sufficient as Congress may consider supplemental requests.

Synthesized from 23 sources

White House National Economic Council Director Kevin Hassett said Sunday that the ongoing conflict with Iran has cost the United States $12 billion to date, but indicated that current funding levels are sufficient to sustain operations.

Speaking on CBS's "Face the Nation with Margaret Brennan," Hassett stated that "right now, we've got what we need" regarding funding for the military operations. His comments come as lawmakers are preparing for a possible supplemental funding request from the White House.

The economic adviser's remarks provide the first official estimate of the financial cost of the Iran conflict. The $12 billion figure represents spending across various aspects of the military response, though Hassett did not break down specific categories of expenditure.

Congress has been anticipating that the administration may seek additional funding beyond what is currently allocated in the defense budget. Supplemental funding requests are common during extended military operations to cover costs that exceed regular appropriations.

Hassett's assessment suggests the administration believes existing resources are adequate for current operations, though this could change if the conflict expands or extends beyond current projections.

Sources (23)

Bias Scale:
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0 · Center
75Trust
3 · Lean Right
71Trust
20 · Lean Left
55Moderate Trust
18 · Lean Left
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8 · Lean Left
81High Trust
25 · Lean Left
62Trust
25 · Lean Left
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18 · Lean Left
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8 · Lean Left
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0 · Center
87High Trust
0 · Center
79Trust

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