Close Menu
Smart Wealth Habits
    What's Hot

    Kevin Warsh Fed nomination hearing delayed

    April 9, 2026

    Financial Advisor: The Best $1K You Can Spend to Get Rich

    April 9, 2026

    Find Goals for Seniors to Simplify Spring

    April 9, 2026
    Facebook X (Twitter) Instagram
    Thursday, April 9
    Smart Wealth Habits
    Facebook X (Twitter) Instagram
    • Home
    • Blogs
    • Personal Finance
    • Wealth Building
    • Digital Products
    • Small Business Finance
    Smart Wealth Habits
    Home » $200 billion Iran war spending request would ensure military funding
    Personal Finance

    $200 billion Iran war spending request would ensure military funding

    Smart WealthhabitsBy Smart WealthhabitsMarch 19, 2026No Comments5 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    $200 billion Iran war spending request would ensure military funding
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Defense Secretary Pete Hegseth said Thursday that the Pentagon’s informed $200 billion budget request for Iran war financing “may move forward.”

    “It takes money to kill bad guys,” Hegseth said at a press briefing to confirm the figure, which was first reported by The Washington Post on Wednesday evening.

    “We’re going to go back to Congress and our people over there to make sure that we’re properly funded,” Hegseth said.

    MS Now, citing two Congressional officials, reported Thursday morning that up to $200 billion in funding has been informally requested by the Trump administration, although no official request has yet been made by Congress.

    “The figure has been discussed informally by administration officials,” Senator Richard Blumenthal, D-Conn., who sits on the Senate Armed Services Committee, told MS Now in a phone interview.

    House Appropriations Committee Chairman Tom Cole, R-Okla., responded to a question from CNBC on Thursday, saying he “haven’t heard anything official from anyone” on the $200 billion number. But he said that figure could also include things that would otherwise be called for in the fiscal year 2027 spending bill.

    Approval of a massive supplemental request could signal that the US – which has spent about $1 billion a day so far on the war, according to some estimates – is preparing for a longer fight than the administration’s previously floated four-to-six-week timeline.

    Hegseth declined to say Thursday when the United States expects to achieve its objectives in Iran.

    “Ultimately, it’s going to be up to the president where we say, ‘Hey, we’ve accomplished what we needed to ensure our security on behalf of the American people,'” he said. “So there’s no timeline on that, but we’re very much on the right track.”

    The US military campaign against Iran, which began on February 28, has already paid the price. $12 billion As of Sunday, according to Kevin Hassett, director of the White House National Economic Council.

    Hassett, speaking on CBS News’ “Face the Nation,” said at the time that he did not think the United States needed to ask Congress for more money for the war effort “right now.”

    The Post report, citing an unnamed senior administration official, said the Pentagon has asked the White House to approve a request for more than $200 billion to Congress to finance the intensified war effort.

    Three other people familiar with the matter told the Post that the huge figure would increase production of critical weapons that the US and Israel have used to attack thousands of targets since the conflict began.

    America’s rapidly increasing national debt has reached a Record $39 trillionthe Treasury Department said Wednesday. This trend runs contrary to President Donald Trump’s promise to cut government spending.

    U.S. Secretary of War Pete Hegseth provides an update on military operations in Iran during a press briefing at the Pentagon in Arlington, Virginia, on March 19, 2026. America and Israel have continued their joint attack on Iran that started on February 28.

    Vin McNamee | Getty Images News | getty images

    Hegseth said Thursday that the upcoming request to Congress will ensure that the U.S. military “is funded for what has been done, for what we may need to do in the future (and) to make sure that our ammunition — everything — is replenished, and not just replenished, but beyond that.”

    The secretary said the US has so far struck more than 7,000 targets across Iran, indicating the campaign will expand in the coming days.

    “Today, just like yesterday, there will be the biggest strike package ever,” he said. “Our capabilities are increasing, Iran’s capabilities are decreasing. We are hunting and attacking. Death and destruction on top.”

    Hegseth included attacks on American news outlets in his briefing comments, claiming that they “want to fail President Trump.”

    He also attacked “our ungrateful allies in Europe”, echoing Trump’s recent criticisms of NATO countries, which have so far refused to involve themselves in the war.

    Trump has called on him and other allies to help reopen the Strait of Hormuz, a key oil-shipping route whose de facto closure amid the war has sent global oil prices soaring.

    He has expressed disappointment over the situation. one in satya social post On Wednesday, he suggested handing over responsibility for the strait to the countries most trusted with it: “This will free up some of our unaccountable ‘allies’, and fast!!!”

    Immediately after Hegseth’s attack on American allies, the leaders of six of them – the UK, France, Germany, Italy, the Netherlands and Japan – expressed “readiness to contribute to appropriate efforts to ensure safe passage through the strait”.

    “We welcome the commitment of those countries who are engaged in initial planning,” they said in a joint statement. The statement also urged Iran to immediately end its efforts to block the waterway for commercial shipping.

    Trump is scheduled to meet with Japanese Prime Minister Sanae Takachi later Thursday.

    – CNBC emily wilkins Contributed to this report.

    Choose CNBC as your favorite source on Google and never miss a moment of the most trusted name in business news.

    billion ensure funding Iran military request spending war
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleTrump signals DOJ should continue Powell investigation, complicating Warsh Fed nomination
    Next Article US Mint approves 24K gold Trump coin design despite objections
    Smart Wealthhabits
    • Website

    Smart Wealthhabits shares practical insights on personal finance, wealth building, and small business strategies to help readers make smarter financial decisions and achieve long-term financial success.

    Related Posts

    Find Goals for Seniors to Simplify Spring

    April 9, 2026

    Don’t miss your 2022 tax refund – the deadline is getting closer

    April 9, 2026

    Dave Ramsey’s advice on what to do if markets crash due to Iran war

    April 9, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Mortgage Rates Today, Thursday, March 12: Slightly Higher

    March 13, 2026

    7 Smart AI Money Making Ideas to Try Today in 2026

    March 13, 2026

    Y Combinator-backed Random Labs launches Slate V1, claiming to be the first ‘swarm-native’ coding agent

    March 13, 2026

    3 real examples of how to handle overseas rental properties

    March 13, 2026

    How to Become a Substitute Teacher – and How Much You Can Earn

    March 13, 2026

    Subscribe to Updates

    Stay updated with the latest insights on finance, investing, and business growth.

    About us

    Welcome to Smart Wealth Habits, your trusted guide to mastering personal finance, building wealth, and growing your small business.

    Our mission is simple: to empower individuals and entrepreneurs with the knowledge and tools needed to make smart financial decisions, increase income, and achieve long-term financial freedom.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Mortgage Rates Today, Thursday, March 12: Slightly Higher

    March 13, 2026

    7 Smart AI Money Making Ideas to Try Today in 2026

    March 13, 2026

    Y Combinator-backed Random Labs launches Slate V1, claiming to be the first ‘swarm-native’ coding agent

    March 13, 2026
    Get Informed

    Subscribe to Updates

    Stay updated with the latest insights on finance, investing, and business growth.

    © 2026 smartwealthhabits.com.
    • About Us
    • Contact us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.