US official says strikes on Iran have so far cost $12 billion

By AP 15 March 2026, 7:49 pm

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US Air Force military ground personnel prepare Joint Direct Attack Munitions for a B-1 Lancer bomber on the tarmac at RAF Fairford in southwest England on March 12, 2026. (Henry NICHOLLS / AFP)

Director of the US National Economic Council Kevin Hassett says Trump administration attacks on Iran have cost the US $12 billion so far.

“The latest number I was briefed on was 12,” Hassett says, in an interview on CBS News’s Face the Nation.

Pentagon estimates provided to Congress said the war would cost $11.3 billion in its first week. Hassett did not specify the time frame for the $12 billion in spending.

Asked whether the US will need to request more money from Congress, Hassett responds: “I think right now we’ve got what we need. Whether we have to go back to Congress for more is something that I think that Russ Vought and OMB will look into.”

OMB is the United States Office of Management and Budget.