The Iran War Is Reportedly Bleeding The Pentagon Dry
If the expenses from the Iran War continue to grow, the Pentagon could run out of operational funds during the summer unless Congress passes an emergency wartime spending bill.
The Pentagon needs $80 billion to cover expenses from the Iran War and other expenses, The Wall Street Journal reported, citing people familiar with the discussions. The details of the funding constraints were reportedly unveiled by Deputy Defense Secretary Stephen Feinberg during phone calls with lawmakers.
The $80 billion figure is not yet a formal supplemental request under Congressional consideration. Any such request would first need approval from the White House Office of Management and Budget before being sent to Capitol Hill.
“… we think it [spending on the Iran War] is closer to 29 [billion dollars],” Jules W. Hurst III, who formerly performed the duties of under secretary of war (comptroller) and chief financial officer, said during a May 12 House Appropriations Subcommittee hearing. That estimate, however, has not been publicly updated, and the real cost is likely much higher.
The White House, the Office of Management and Budget, the Senate Appropriations Committee, the Senate Armed Services Committee, the House GOP press office, and the House Armed Services Committee Majority Staff did not immediately respond to a Daily Caller News Foundation request for comment. The Department of War declined to comment. (Read more from “The Iran War Is Reportedly Bleeding The Pentagon Dry” HERE)
