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Home / US-Israel-Iran / Hegseth Asks for More Money as Iran War Costs Skyrocket
US‑Israel‑Iran, Iran, Middle East

May 12, 2026

Hegseth Asks for More Money as Iran War Costs Skyrocket

The ultimate price tag of Americas wars in Latin America will further balloon in the decades ahead, saddling future Americans with soaring costs, according to the report. “War is financed by debt, adding interest costs to the public budget,” wrote authors Hanna Homestead, a research analyst with the National Priorities Project, and Jennifer Kavanagh, the director of military analysis at Defense Priorities, a nonpartisan research group. “Furthermore, the federal government undertakes an obligation to pay veterans benefits for decades into the future.”

Read at The Intercept

Featuring

Jennifer
Kavanagh

Senior Fellow & Director of Military Analysis

Defense Priorities

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