Several outlets have reported that the true cost of the war to the U.S. could be closer to $50 billion if it takes into account the bill for repairing extensive damage to military bases and replacing damaged or lost drones and missiles.
There will be a lasting impact on economic growth as the country faces a long process resolving outstanding costs, according to analysts. Goldman Sachs said in March that the war had "lowered our 2026 U.S. growth forecast and raised our 2026 U.S. inflation forecast to reflect higher oil prices"—a direct result of Iran closing the Strait of Hormuz.https://www.yahoo.com/news/politics/articles/u-iran-war-numbers-185625869.html
Monday, June 22, 2026
The Massive Cost of the Pointless and Failed Iran War
“A Huge Grab of Power”: Trump Is Defying Congress on Foreign Aid
Fascist GOP assholes at work--
Key Points:
- A Constitutional Crisis: Congress gave orders to Trump officials on foreign aid spending, but officials have largely refused to follow many of them, likely in violation of the law, experts say.
- Delayed Spending: Officials have made little effort to spend aid money that Congress earmarked for specific purposes like nutrition and have reduced funding for HIV and other diseases.
- Blocked Funds: Russell Vought’s Office of Management and Budget has labeled some aid money “unallocated” to control how it can be spent.
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