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US Media: Iran War is Draining Pentagon Funds, Possibly Raising Defense Spending to $80 Billion

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ME News update: On June 21 (UTC+8), U.S. media reported that the ongoing military operations against Iran are creating significant pressure on the U.S. defense budget and ammunition stockpiles. The report said this funding shortfall has not yet translated into a formal budget request, but it has been mentioned in communications between senior Department of Defense officials and Congress. Former Department of Defense financial officials said that early estimates are around $29 billion, but actual costs could be far higher. Meanwhile, the conflict is also said to be significantly depleting the U.S.’s key ammunition stockpiles, including “THAAD” and “Patriot” interceptors. Multiple research institutions have analyzed that the U.S. has already consumed a substantial portion of the relevant stockpiles, and that the replenishment cycle for some models can take years, raising concerns about the military-industrial supply capability. In addition, a new round of defense authorization legislation currently being advanced by Congress is expected to have a total size exceeding $1 trillion, including tens of billions of dollars in funding for Israel-related defense systems and cooperative projects, sparking ongoing discussions about the structure of U.S. global military spending and resource allocation. (Source: ODAILY)
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