The ongoing war against Iran has posed not only a military challenge for America but also a huge economic burden. Official briefings and statements of senior administrative officials are now beginning to reveal the real cost of this war. Initial figures show that the pace of expenditure in modern high-tech warfare is so fast that billions of dollars are being spent in a few days, while the real estimate of the total cost is still far away.
‘More than 11 billion dollars spent in just 6 days’
According to estimates related to the American defense system, more than 10 to 11 billion dollars were spent in the initial weeks of the war. A large part of this expenditure went on high-tech weapons, missile defense systems, air operations and military deployment in the region. Due to modern war technology, every operation is proving to be extremely costly. The US administration told Congress in a confidential briefing that at least $11.3 billion had been spent in the first six days of the war. The figure was based primarily on weapons and operational costs and did not include major items such as troop deployment, medical expenses or equipment replacement.
Pentagon officials acknowledged that this is only a preliminary estimate and the actual cost could be much higher, as spending on advanced missiles and air operations is increasing very rapidly. Experts say that in the initial phase, America’s daily war cost could be between one to two billion dollars. Although this figure may change over time, it is certain that this conflict could become a huge financial burden for American taxpayers.
12 billion dollars spent so far – White House
Kevin Hassett, director of the White House’s National Economic Council, told CBS’s Face the Nation program on Sunday that the US has spent $12 billion on this war since launching joint attacks on Iran with Israel on February 28. He clarified that this is not the total cost, but the initial expenditure so far, because the war could last for several weeks. This statement came at a time when there is increasing concern within America about the economic impact of this war and discussion on the need for possible additional budget has also intensified.
According to reports, in the first two days of the war, about 5.6 billion dollars were spent only on weapons and military operations. Think-tank analyzes show that about $3.7 billion was spent in the first 100 hours of the war, that is, an average of about $900 million per day. It is clear from this that in modern warfare the cost of missile defense systems, stealth bombers and precision weapons is extremely high. The price of such weapons ranges from lakhs to crores of dollars per unit. Apart from this, the expenditure on deployment of troops, logistics and security infrastructure is also continuously increasing the total bill.
1 to 2 billion dollars spent daily
Many defense experts say that America’s daily war cost in the initial phase could be around $1 billion or more. In some estimates, this figure is expected to temporarily reach 2 billion dollars per day. However, this expenditure may reduce in the later stages, as the use of cheaper alternatives in place of expensive weapons increases.
Analysts believe that the real economic burden of the war will not be limited to the initial military expenditure alone. Expenses for repairing equipment used in the war, long-term care of soldiers injured in the war, deployment of new soldiers after the war, and the cost of deploying troops and creating outposts in the areas captured. Due to all these reasons, the total cost may keep increasing for decades.
Trillion dollars spent in Iraq and Afghanistan
History shows that the initial cost of wars like Iraq and Afghanistan appears low, but later it reaches several trillion dollars. According to reports, considering the weapons stockpile and operational expenses, the White House may have to request Congress for additional funding in the future. It has also sparked debate in American politics, as many lawmakers are questioning the war’s long-term strategy and economic impact.
The impact of war is not limited to the military budget. Due to disruption in oil supply, there has been a sharp rise in energy prices, which is increasing pressure on the economy of the entire world including America. Due to the energy crisis, the government may also have to take measures at the domestic level like subsidies, strategic reserves and market stabilization, which further increase the indirect costs of war.
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