The Congressional Budget Office (CBO) estimates that the U.S. incurs about $38 billion in direct costs from the Iran war through a recent period, with additional expenses expected to continue each month. CBS News reports the estimate covers costs from Feb. 28 to Aug. 1, while TIME describes the overall impact as nearly $40 billion so far.
CBO also projects that costs will rise if the conflict continues. TIME and CBS News both cite an expected additional $2 billion to $3 billion per month, reflecting ongoing operations and related spending. The reports characterize the monthly projection as incremental and tied to the duration of the war.
Across the outlets, the core figures align: an estimated $38 billion in direct costs to date and a continuing monthly cost range of roughly $2 billion to $3 billion. TIME additionally notes broader economic effects, including the possibility that the conflict has contributed to inflation, while CBS focuses on the budget estimates and their continuation.