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White House Says No New Iran War Funds Needed Yet, Despite $12 Billion Price Tag

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Kevin Hassett standing outside and smiling.
The Trump administration claims current funding is sufficient for the Iran conflict, even as costs hit $12 billion and Capitol Hill braces for more requests.

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Here's a curious bit of budget math: the Trump administration says it doesn't need more money from Congress for the war in Iran, even though the operation has already cost about $12 billion. National Economic Council Director Kevin Hassett delivered that message on Sunday, suggesting the current funding is enough for now.

Asked on CBS' "Face the Nation" if the White House would need to go back to Congress for more cash, Hassett said, "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, but the latest number, you said $11.3 [billion], the latest number I was briefed on was $12 [billion], and so it's consistent."

He added that the administration already has the weapons in place and is "not necessarily" going to need a supplemental package. Hassett also repeated the administration's claim that the war effort is "ahead of schedule."

That $12 billion figure isn't just a number—it's fuel for the political engine on Capitol Hill. According to reports, administration officials told lawmakers in a closed-door briefing that the first six days of the war cost at least $11.3 billion, with a stunning $5.6 billion spent on munitions in the first two days alone. That kind of spending pace has House Speaker Mike Johnson (R-La.) saying a military supplemental is "inevitable," though the details and timing remain unclear.

Meanwhile, the White House is keeping everyone guessing about how long this will last. President Donald Trump told Axios on Wednesday, "Any time I want it to end, it will end," even as the administration has offered shifting timelines and goals. Earlier this month, Trump also said the United States had a "virtually unlimited supply" of munitions and could fight wars "forever" with existing stocks.

In a phone interview with NBC News on Saturday, Trump said Iran wanted to negotiate a peace deal, but he rejected it because he believed the terms still were not good enough. He did not say what changes he wanted, and he added that he was working with other countries to secure the Strait of Hormuz as oil prices climbed.

So, to recap: the administration says it doesn't need more money right now, Congress is bracing for a request anyway, the president says he can end the war whenever he wants but also that we can fight indefinitely, and the bill so far is $12 billion and counting. It's a fascinating look at wartime budgeting where the numbers are clear, but the plan—and the endpoint—are anything but.

White House Says No New Iran War Funds Needed Yet, Despite $12 Billion Price Tag

MarketDash
Kevin Hassett standing outside and smiling.
The Trump administration claims current funding is sufficient for the Iran conflict, even as costs hit $12 billion and Capitol Hill braces for more requests.

Get Market Alerts

Weekly insights + SMS alerts

Here's a curious bit of budget math: the Trump administration says it doesn't need more money from Congress for the war in Iran, even though the operation has already cost about $12 billion. National Economic Council Director Kevin Hassett delivered that message on Sunday, suggesting the current funding is enough for now.

Asked on CBS' "Face the Nation" if the White House would need to go back to Congress for more cash, Hassett said, "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, but the latest number, you said $11.3 [billion], the latest number I was briefed on was $12 [billion], and so it's consistent."

He added that the administration already has the weapons in place and is "not necessarily" going to need a supplemental package. Hassett also repeated the administration's claim that the war effort is "ahead of schedule."

That $12 billion figure isn't just a number—it's fuel for the political engine on Capitol Hill. According to reports, administration officials told lawmakers in a closed-door briefing that the first six days of the war cost at least $11.3 billion, with a stunning $5.6 billion spent on munitions in the first two days alone. That kind of spending pace has House Speaker Mike Johnson (R-La.) saying a military supplemental is "inevitable," though the details and timing remain unclear.

Meanwhile, the White House is keeping everyone guessing about how long this will last. President Donald Trump told Axios on Wednesday, "Any time I want it to end, it will end," even as the administration has offered shifting timelines and goals. Earlier this month, Trump also said the United States had a "virtually unlimited supply" of munitions and could fight wars "forever" with existing stocks.

In a phone interview with NBC News on Saturday, Trump said Iran wanted to negotiate a peace deal, but he rejected it because he believed the terms still were not good enough. He did not say what changes he wanted, and he added that he was working with other countries to secure the Strait of Hormuz as oil prices climbed.

So, to recap: the administration says it doesn't need more money right now, Congress is bracing for a request anyway, the president says he can end the war whenever he wants but also that we can fight indefinitely, and the bill so far is $12 billion and counting. It's a fascinating look at wartime budgeting where the numbers are clear, but the plan—and the endpoint—are anything but.