The Damage Report
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Trump Team's War Defense COLLAPSES As Colossal New Spending Request Revealed
Posted
March 18, 2026
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March 18, 2026
31,341
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9:21Now PlayingThe Trump administration's lies over costs of the war with Iran and its timeline surge into the spotlight as House Speaker Mike Johnson calls for a vote on a new supplemental spending bill and experts reveal cost will likely cost trillions. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!
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Trump’s War on Iran Could Cost Trillions
"The Trump administration is drastically undercounting the price tag of the U.S. war with Iran, peddling fragmentary estimates that offer Americans a skewed understanding of the costs.
The Pentagon on Thursday said the U.S. spent about $11.3 billion in just one week of its war on Iran; Trump economic adviser Kevin Hassett similarly put the figure at $12 billion on Sunday.
But these sums are dwarfed by estimates offered by experts in the costs of war, lawmakers experienced with the Pentagon budget, and two government officials briefed on Operation Epic Fury who spoke on the condition of anonymity.
At the very least, they say the war is burning through between $1 billion and $2 billion per day — or roughly $11,500 to $23,000 per second. The cost, the officials told The Intercept, could rise to a quarter trillion dollars or more over the coming months."
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