Military action against Iran is proving extremely costly for America. According to the CSIS report, America spent about 3.7 billion dollars in the first 100 hours of the war. About $891 million is being spent daily and the Pentagon may need additional budget.
Iran-US War Daily Cost: America’s war with Iran, which started on February 28, is now costing it a lot. Due to retaliatory attacks, America not only had to suffer loss of military equipment but also had to spend heavily on war operations. According to new research by the Center for Strategic and International Studies (CSIS), about $ 3.7 billion (about Rs 3.4 lakh crore) has been spent in the first 100 hours, i.e. 4 days, of the American action against Iran. The report states that a large part of this expenditure was not included in the already decided defense budget.
How much is America spending every day in the fight with Iran?
According to the analysis of CSIS researchers Mark Cancian and Chris Park, the war against Iran is costing America about 891.4 million dollars (Rs 8193.74 crore) every day. Most of the expenditure has been on the use of advanced weapons and deployment of advanced military systems like stealth bombers. With the help of these bombers, America carried out major attacks on many Iranian targets, in which Iran’s underground missile facility was allegedly damaged. However, the US also had to spend huge amounts of money on missile defense systems and other military measures to prevent Iran’s retaliatory attacks.
Use of more than 2000 heavy weapons
According to the report, the US Army used more than 2000 heavy weapons during the first 100 hours of the war. It has been estimated that about $3.1 billion will be spent on replacement of these weapons. If these weapons are not replenished immediately, an additional economic burden of approximately $ 758.1 million (Rs 6968 crore) could increase every day. Researchers said that this calculation is based on Congressional Budget Office (CBO) estimates for the operating and support costs of US military units. Apart from this, in view of the increased activities i.e. high operational tempo during the war, additional expenditure of about 10% was also added.
Pentagon may need additional budget
The report said that of the initial $3.7 billion total expenditure, approximately $3.5 billion was not already included in the budget. This means that the US Defense Department i.e. Pentagon may soon have to demand additional funds from Congress. Analysts believe that it will not be easy to pass an additional budget at such a time, because many opposition leaders in America are opposing this war. This may increase the challenge for the Trump administration at both economic and political levels.
America faces huge economic burden in Iran war
According to the CSIS report, the US military used large-scale military resources in the early days of the conflict with Iran. Continuous operations, weapons deployment, and security measures increased American spending rapidly during the war. The report shows that America had to spend billions of dollars in the first 100 hours alone, due to which this military operation seems to be economically heavy as well.