The U.S.’s military campaign against Iran, Operation Epic Fury, could cost American taxpayers between $40 billion and $210 billion, according to Kent Smetters, director of the Penn Wharton Budget Model (PWBM).
Smetters provided a range of estimates, with the smallest direct budgetary cost standing at $40 billion, which could escalate to $95 billion. He suggested that a more probable figure would be around $65 billion, accounting for direct military operations and the replacement of equipment and supplies. This figure could increase if the conflict extends beyond two months, Smetters told Fortune.
In addition to direct military spending, Smetters estimated an extra $115 billion in economic losses resulting from trade disruptions, volatility in energy markets, and financial strains commonly associated …Full story available on Benzinga.com
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