Headlines From The Times

Could the Iran War End Up Costing the US $1 Trillion?

Published: May 1, 2026

Duration: 4:38

The Pentagon says the Iran War is costing $25 billion, but Democratic leaders are skeptical of the pricing, and Harvard’s Linda Bilmes says the war could end up costing up to $1 trillion. "Wars always cost more than expected" is how Bilmes puts it. Meanwhile, a new poll from Ipsos and Reuters found that only 24% of Americans see the war as being worth it. And the Iran War is costing everyday Americans too. The U.S. will keep a naval blockade on Iran until they give up their nuclear program, meaning oil prices will likely remain high, and when oil go...