The Pentagon says the cost of the Iran war is $29 billion, a figure that’s higher than the $25 billion price tag it issued to Congress two weeks ago. But according to one war budgeting expert, the conflict will ultimately cost US taxpayers at least $1 trillion.
On Tuesday, a senior Pentagon official said the new cost of the conflict included updated repair and replacement of equipment, along with operational costs.
CNN previously reported that the earlier $25 billion estimate was a lowball figure that did not include the cost of repairing damage to US bases in the Middle East.
Linda Bilmes, a public policy expert at the Harvard Kennedy School, projects that the conflict with Iran…