Iran war cost $890 million each day during first week

So, what is it that really cost that much money? Well, Much of the money went toward expensive ammunition and interceptor missiles used to shoot down threats launched by Iran. Some of those systems can cost millions of dollars each. As you might need dozens or hundreds of them, it quickly becomes an expensive proposition.

Other estimates show that the war has cost the US about $890 million each day in its opening stages — nearly $900 million a day just for direct military operations.

A report from the Center for Strategic and International Studies also found that the first 100 hours of the conflict cost about $3.7 billion, much of which wasn’t even planned for in the current federal budget. That means much of this money will need to be paid for through new spending requests and budget changes — something that’s already drawing criticism.

According to the New York Times, Republicans expect the Trump administration to seek more funding for the war from Congress in the near future. Meanwhile, the conflict in the Middle East has had a significant impact on those at home as well.

For example, gas prices have reportedly increased by 20 to 30 cents per gallon, while Goldman Sachs has estimated inflation to rise up to 2.7 percent by May.

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