$50B more accurate Iran war cost estimate: Angus King

Sen. Angus King (I-Maine) said the cost of the Iran war is likely double the total that Pentagon officials provided to lawmakers on Wednesday. 

The independent senator told CNN on Thursday that he’s heard estimates that the conflict has cost the U.S. around $50 billion. The Pentagon’s acting chief financial officer, Jules Hurst III, estimated the war had cost the U.S. $25 billion so far during a Wednesday meeting with the House Armed Services Committee. 

“I believe the $50 billion estimate is more accurate. That’s the one that I’ve been hearing until yesterday,” King told CNN’s Kate Bolduan on Thursday.

King, who sits on the Senate Armed Services Committee, noted that this higher estimate would peg the war’s cost around “a billion dollars a day” as the conflict has passed 60 days. 

“There’s a tremendous amount of repair necessary at American facilities throughout the Middle East that were damaged by Iran, not to mention the replenishment of the massive amount of ordinance that’s been expended in the war and also the........

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