US EditionTreasury's Bessent says US has 'plenty' of funds for Iran war
Treasury Secretary Scott Bessent said the $200 billion request aims to cover war costs and replenish military supplies without raising taxes, with early conflict costs exceeding $11 billion.
- US Treasury Secretary Scott Bessent stated that the United States has sufficient funds to support the war against Iran without raising taxes despite the military's request for approximately $200 billion in additional funding.
- Secretary of Defense Pete Hegseth confirmed that the Pentagon plans to request supplemental funding to cover war costs and replenishment of supplies during ongoing operations against Tehran.
- President Donald Trump signed the Fiscal 2026 Defense Appropriations Act providing about $840 billion in defense funding, and in 2025, Congress approved a $156 billion defense allocation.
- The conflict escalated after the killing of Iran's Supreme Leader, leading to disruptions in energy markets and intensified military actions; the US maintains strategic ambiguity regarding future plans.
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17 Articles
Treasury's Bessent says US has 'plenty' of funds for Iran war
The U.S. government has "plenty of money" to fund the war against Iran, but is requesting supplemental funding from Congress to ensure the military is well supplied in the future, U.S. Treasury Secretary Scott Bessent said on Sunday.
"Plenty of money to fund this war": Treasury Secy Bessent, says Trump "leaving all options on table" against Iran
"President Trump was within his authority under the War Powers Act to initiate this action, and we actually now have plenty of money to fund this war. What we are doing is supplemental," Bessent said.
Scott Bessent also abolished increased taxes to finance the war, in an interview with NBC News
Treasury’s Bessent says US has ‘plenty’ of funds for Iran war
WASHINGTON, March 22 (Reuters) - The U.S. government has "plenty of money" to fund the war against Iran, but is requesting supplemental funding from Congress to ensure the military is well supplied in the future, U.S. Treasury Secretary Scott Bessent ...
'We Have Plenty Of Money To Fund Iran War': US Treasury Chief
The US military's request for $200 billion in additional funding for the Iran war faces stiff opposition in Congress, with Democrats and even some Republicans questioning the need after large defense appropriations last year.
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