Defense Secretary Pete Hegseth appeared before a congressional hearing to discuss military funding and the financial toll of the ongoing conflict involving Iran [00:00].
Supplemental Funding and Unobligated Funds: A senator que
Defense Secretary Pete Hegseth appeared before a congressional hearing to discuss military funding and the financial toll of the ongoing conflict involving Iran [00:00].
Supplemental Funding and Unobligated Funds: A senator que
stioned Hegseth about a supplemental funding request of $87.6 billion—with $67 billion designated for the Department of Defense—while noting that the department still retained $75 billion in unobligated funds from a previous le
gislation package [00:09].
Military Rebuilding and Priorities: Hegseth explained that the $75 billion was earmarked for rebuilding the military, referencing a legislative package aimed at advancing presidential priorities such
as the "Golden Dome for America," cutting munitions deals, shipbuilding, and investments in hypersonics [00:43]. He also criticized the prior administration's focus and spending choices [00:57].
Updated Cost Estimate for the Ir
an War: When pressed to provide a clear update on the financial impact of the conflict—now in the fifth month of its first year—Hegseth confirmed that the updated cost estimate had risen to $37.5 billion, up from a previous fig
ure of $29 billion [01:42].
Scope of the Estimate: Hegseth clarified that the new $37.5 billion figure captures current military activities, including ongoing exchanges of fire, alongside anticipated costs for operations and ma
intenance (O&M), military pay, and other projections extending through September 30th [02:09].
https://www.youtube.com/watch?v=y6XPvbDeSXs
Defense Secretary Pete Hegseth confirms new estimate cost for the Iran war
C-SPAN · 14K
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