Pentagon says Iran war has cost US taxpayers $47bn: What that means

The Pentagon has told lawmakers in the United States that the war on Iran has cost American taxpayers at least $47.1bn so far. The estimate, disclosed last week, comes just days before the November 3 midterm elections, which will determine if US President Donald Trump’s Republican Party will maintain control of Congress for the next two years. We take a close look at the Pentagon estimate, and what it means for the US economy and the midterm elections. The Pentagon told Congress that the cost of the US-Israel war on Iran as of October 16 had risen to at least $47.1bn. Congress officials shared the Pentagon’s cost estimate breakdown with The New York Times.