Hegseth faces back-to-back hearings as Iran war costs rise, ceasefire wavers
🔴 Tension RisingWSBT2026-05-12
The U.S. is facing escalating costs from the war with Iran, estimated at over $25 billion, and a fragile ceasefire is wavering. The House is reviewing the Trump administration’s proposed $1.5 trillion military budget, while the Pentagon expresses concerns about rising war costs and U.S. weapon stockpiles. President Trump is criticizing Iran’s latest ceasefire proposal and considering suspending the federal gas tax to combat surging prices.