Hegseth says Iran war has cost $37.5B so far and Pentagon needs $67B to restock arms

Hegseth says Iran war has cost $37.5B so far and Pentagon needs $67B to restock arms

July 21, 2026 · 5 min

About this episode

The episode discusses the financial implications of the Iran war and the Pentagon's request for additional funding.

President Trump's top military advisors were on Capitol Hill to make the case for the war in Iran, and additional money to fund the Pentagon. Secretary of Defense Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine argued for an additional $67 billion, what Hegseth called an urgent and necessary injection of funds. Nick Schifrin reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

People in this episode

Host: Nick Schifrin

Guests: Pete Hegseth, Dan Caine

Mentioned in this episode

Organizations: PBS News, Pentagon

Places: Iran

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