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Popular Information estimates Iran war cost at $72 billion for first 60 days

journalismMay 6, 2026532

Popular Information estimates the United States spent $71.8 billion in the first 60 days of the Iran war. The newsletter says that equals about $1.2 billion per day and exceeds official tallies by roughly $47 billion. The estimate comes from tallying officials' statements, military procurement and operations data, and reporting on deployments and munitions use. The higher total shows officials' accounting omits major line items such as munitions, platform wear, and replacement costs, increasing the war's long-term fiscal and political burden.

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