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Treasury's Bessent says US has 'plenty' of funds for Iran war
Treasury Secretary Scott Bessent said the U.S. has sufficient funds for the Iran war but seeks $200 billion more to maintain military supplies without raising taxes.
- On Sunday, Treasury Secretary Scott Bessent told NBC News' Meet the Press the U.S. has 'We have plenty of money to fund this war' and ruled out tax increases, saying President Donald Trump is 'leaving all options on the table'.
- Pentagon officials are preparing a formal supplemental funding request linked to Operation Epic Fury, with U.S. Secretary of War Pete Hegseth confirming a roughly $200 billion ask facing congressional resistance.
- The interview also centered on the administration's oil policy as Bessent defended lifting sanctions on Iran and Russia, citing Treasury analysis that Russia's extra oil revenue would be $2 billion.
- U.S. administration officials say early war spending exceeded $11 billion, and Welker warned of potential higher consumer prices as oil could stay above $100, quoting Scott Kirby.
- Recent laws and budgets have already expanded U.S. defence spending, including last month’s Fiscal 2026 Defense Appropriations Act with about $840 billion and last summer’s $156 billion defense tax-cut bill, amid a roughly $1 trillion federal military budget this year.
37 Articles
37 Articles
Treasury Says US Has Funds for Iran War, Seeks $200B More
WASHINGTON, D.C. — Treasury Secretary Scott Bessent said the United States has sufficient funds to sustain military operations tied to the Iran conflict, while signaling the administration may seek an additional $200 billion to maintain long-term readiness. Speaking on NBC’s Meet the Press, Bessent stated, “We have plenty of money to fund this war,” emphasizing that the administration is not considering tax increases to cover rising defense cost…
No end to Iran war soon? Team Trump says US has plenty of money to fund it
US Treasury Secretary Scott Bessent said that the US government is financially equipped to sustain the war effort. "We have plenty of money to fund this war," he said, calling the additional funding request "supplemental" rather than essential for immediate operations.
Treasury's Bessent says US has 'plenty' of funds for Iran war
The U.S. government has "plenty of money" to fund the war against Iran, but is requesting supplemental funding from Congress to ensure the military is well supplied in the future, U.S. Treasury Secretary Scott Bessent said on Sunday.
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