Iran War may have already cost American taxpayers $1 trillion: Harvard expert

The Trump administration is trying to sell to the American public that theIran War’sprice tag so far was about$25 billion,which evenCBS Newssaid is likely nonsense and more like$50 billion.

Abbas Araghchi, Iran’s top diplomat, said the war has likely cost U.S. taxpayers$100 billion so far.“The Pentagon is lying. [Israeli Prime Minister Benjamin] Netanyahu’s gamble has directly cost America $100b so far, four times what is claimed,”Araghchi posted.“Indirect costs for U.S. taxpayers are FAR higher. Monthly bill for each American household is $500 and rising fast.”

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Linda Bilmes, a public finance expert at Harvard Kennedy School, said the Iran War will cost U.S. taxpayers at least $1 trillion.

Source: Trends in the News