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The True Costs of the Iran War

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Cite

Hertling, M. (2026, September 17). The True Costs of the Iran War. The Bulwark. https://www.thebulwark.com/p/the-true-costs-of-the-iran-war-38-billion-cbo-estimate-interceptors

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

The Bulwark · collected 2026-09-17 · by Mark Hertling commentary

Quick Summary

The Congressional Budget Office reported that the war with Iran has cost approximately $38 billion from its start through August 1, according to estimates provided by the Department of Defense. The article is behind a paywall and requires subscription to access full details.
Written by AI on 2026-09-17, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

As of August 1, 2026, the armed conflict with Iran has cost the U.S. military approximately $38 billion, according to a report by the Congressional Budget Office (CBO). The war began in late February following US-Israeli strikes targeting Iran. Monthly costs could range between $2 billion and $3 billion depending on the intensity of violence, with inflation rates projected to rise due to increased energy prices. The CBO highlights that fewer oil and natural gas shipments through critical passageways like the Strait of Hormuz are exacerbating inflation. Additionally, the war has significantly depleted U.S. inventories of missiles and anti-air defense weapons, potentially leaving the Pentagon vulnerable if another major conflict arises within the next five years.

Written for “Iran War Costs Usa” on 2026-11-01, grounded in this article and the 5 other(s) covering the same event.

Story

📰 Iran War Costs Usa
Economy/Business · 6 article(s) covering the same event. Compare every outlet's account →

Compared with similar articles

This article reads unscored and hedges 0% of its claims. Each row says how that neighbour differs.
Al Jazeera
⚖️ Leans left Hedges 8 of 54 claims Outlet record 60/100
ABC News (US)
⚖️ Leans left Hedges 8 of 41 claims Outlet record 70/100
The Straits Times
Hedges 2 of 13 claims Outlet record 66/100
CBS News
Hedges 8 of 28 claims Outlet record 66/100
NBC News
Hedges 0 of 22 claims Outlet record 60/100
“The articles describe different aspects of the war cost issue: one reports on the CBO's cost estimate and the other on Democratic senators requesting a detailed accounting from the Pentagon.”
Al Jazeera
⚖️ Leans left Hedges 0 of 46 claims Outlet record 60/100
“The articles describe different aspects of the financial and material costs of the war with Iran, but they do not report on the exact same incident or time period.”
Dawn
⚖️ Leans left Hedges 5 of 31 claims Outlet record 72/100
“Article A discusses a Pentagon Inspector General’s report on the impact and cost of the war on Iran, while Article B mentions a Congressional Budget Office accounting of the financial costs. Though related, they are distinct reports from different bodies.”
South China Morning Post
Hedges 0 of 5 claims Outlet record 64/100
“The articles discuss different aspects of the costs associated with the Iran war, one focusing on military expenditures and damages reported by the Pentagon inspector general, while the other focuses on a broader financial cost estimate released by the Congressional Budget Office.”
CBS News
Hedges 27 of 164 claims Outlet record 66/100
“The articles discuss costs associated with the Iran war, but occur on different dates and provide different cost figures ($33.4 billion vs $38 billion).”
CBS News
Hedges 4 of 15 claims Outlet record 66/100
“The articles discuss different organizations reporting on costs related to the war with Iran, but they cite distinct figures and sources: one from the Pentagon inspector general's report ($33.4 billion) and another from the Congressional Budget Office ($38 billion).”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
4
sentences that state something as happening or true
Uncertain
0%
0 of 4 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
not measured
these signals count newsroom corrections; Commentary has none to count
Outlets on this story
6
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-17 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

The Bulwark · 566 article(s) · 0 correction(s) detected
No corrections detected for this publisher. That may mean careful reporting, or simply that nothing has been checked.

Who wrote this

Mark Hertling
12 article(s) here · 0 carrying a prediction
🔮 That is true, but nothing close to the whole truth, and so misleading that I worry it may cause some Americans—including policymakers—to arrive at unrealistic and dangerous conclusions about what kind of threat the Houthis pose to American interests and what American policy toward them should be.
2026-10-28 · assertive framing · America’s Other Middle East War
🔮 He repeated his argument: “I am in the process of negotiating Peace in the war between Russia and Ukraine, and don’t want to do anything that will drive, foolishly, Russia away from the bargaining table.
2026-10-20 · assertive framing · Siding With Russia Is a Double Betrayal
🔮 They offered something orders, operational plans, and military briefings could never provide: compassion in the face of unbearable loss.
🔮 It might be good to look at the overlap of these issues.
2026-10-14 · assertive framing · America Is Making Its Own Problems Worse
🔮 The unequivocalness of the president’s prediction—made months into a war he repeatedly said would last only days—set off alarm bells in my head.
🔮 Saudi Arabia also has a separate National Guard that itself represents a substantial ground force, also equipped with some of the best military equipment America and Europe would sell them.
2026-09-23 · assertive framing · Why Saudi Arabia’s Houthi Problem Is Our Problem, Too
🔮 They also examine reports that the Pentagon may be undercounting U.S. military deaths in the Middle East, as well as the growing cost of the Iran war.
🔮 FOR DECADES, THE SECURITY architecture of the Persian Gulf rested on an assumption: When the gravest regional threats emerged, the United States would be the power around which its partners organized.
🔮 Mark explains why Iran and the Houthis appear to have the initiative, why the U.S. is increasingly responding rather than setting the terms of the conflict, and how Saudi Arabia, Turkey, Pakistan and NATO could become entangled as the war continues to expand.
🔮 He also brought a remarkable announcement: Britain will share classified technical information that Ukraine needs to eventually assemble the Storm Shadow long-range stealthy cruise missile (called SCALP in the French version).
2026-08-27 · assertive framing · Inside Ukraine’s Breakthrough Missile Deal
Also by Mark Hertling
America’s Other Middle East War
2026-10-28 · The Bulwark
Siding With Russia Is a Double Betrayal
2026-10-20 · The Bulwark
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 12 articles by Mark Hertling →

Topics

Americans Bulwark+ to CBO Iran the Department of Defense

Subjects

Americans NORP · 1× Bulwark+ to ORG · 1× CBO ORG · 1× Catherine Rampell PERSON · 1× Iran GPE · 1× The Bulwark ORG · 1× the Department of Defense ORG · 1×

Narrative

CBO estimates that from the start of the war through August 1, the Department of Defense incurred about $38 billion … Join Bulwark+ to unlock the rest Become a paying member of The Bulwark to get access to this post and other subscriber-only content.
framing: assertive · carried by 1 article(s) · first seen 2026-09-17
2026-09-17 · The Bulwark
The True Costs of the Iran War · assertive framing

Claims (4 extracted, 0 hedged)

THE CONGRESSIONAL BUDGET OFFICE on Tuesday gave Americans the first serious accounting of what the war with Iran has cost, with a headline number of $38 billion. asserted
war → give → billion
CBO estimates that from the start of the war through August 1, the Department of Defense incurred about $38 billion … Join Bulwark+ to unlock the rest Become a paying member of The Bulwark to get access to this post and other subscriber-only content. asserted
Department → estimate → post
A subscription gets you: - Unlimited access to articles and newsletters including The Triad by JVL and Receipts by Catherine Rampell. - Ad-free editions of our shows (with transcripts) and member-only shows like The Secret Podcast. asserted
subscription → get → Podcast
Your support helps keep our work sustainable and available to those who cannot afford a membership. asserted
who → help → membership
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