The Daily Beast
Evelyn Hockstein/Reuters It’s day 38 of Donald Trump’s conflict with Iran, and the daily cost of waging the president’s war in the Middle East just topped $500 million. Roughly a tenth of that expenditure constitutes the loss of U.S. military equipment destroyed by Iranian strikes, The Financial Times reported Tuesday . The newspaper cites an analysis by the American Enterprise Institute, a Washington, D.C., think tank, which found that Trump’s campaign has likely cost as much as $31 billion in the five weeks since it began, on Feb. 28. Elaine McCusker, a former Pentagon budget official who now works as a senior fellow at the non-profit, added that her calculations reflect at least $2.1 billion in costs for replacing equipment damaged or destroyed in the course of hostilities. Read more at The Daily Beast.
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