Pentagon seeks additional funding as cost of Iran war tops $29 billon
🔴 Tension RisingArmy Times2026-05-12
The United States has spent an estimated $29 billion in the war against Iran, prompting the Pentagon to seek additional funding from Congress. Tensions remain high in the Strait of Hormuz, with Iran warning of a response to any aggression, following continued exchanges of fire. The U.S. is preparing for potential escalation while prioritizing replenishing depleted weapons stockpiles.