According to the Congressional Budget Office, the Iran war has cost American taxpayers $40 billion. Rep. Brendan Boyle (D-PA), Ranking Member of the House Budget Committee, joins Alicia Menendez to share more details on the report.
"This will be Economic Warfare and Isolation on an unprecedented scale," he continued. "Their navy is gone, their air force is destroyed, their military factories are now rubble, their currency is worthless, and their country is hanging by a thread."
The 60-day peace window opened by the U.S.-Iran memorandum of understanding expired today, with both sides still far from a permanent peace agreement. NewsNation's Cory Smith has the latest developments.
The United States and Iran are poised to blow past a deadline they had set themselves to broker terms on peace and Iran’s nuclear program.
AI:The United States and Iran are rapidly approaching a self-imposed deadline without reaching any meaningful agreement regarding peace terms or the status of Tehran's nuclear program. This stalemate marks a significant shift as the conflict evolves from direct military tensions into an intense economic battleground, with the U.S. implementing strategic financial pressures reminiscent of previous geopolitical maneuvers to contain Iranian influence.Open
A Pentagon assessment found the first U.S. blockade cost Iran about $4.8 billion in oil revenue.
AI:Tehran has vowed to prolong the ongoing conflict with the United States, specifically stating their intent to continue hostilities until Donald Trump leaves office. This escalation follows a period of heightened tension regarding maritime control and economic warfare, including a Pentagon assessment revealing that the initial U.S. blockade successfully stripped Iran of approximately $4.8 billion in oil revenue.Open
AFP / Getty Images Published August 10, 2026 WASHINGTON — President Donald Trump says the United States is taking a more restrained approach toward Iran, signaling that Washington is allowing economic pressure to build rather [...]
While the Pentagon disputes critical munitions supply concerns, it is working to significantly boost production of the high-end systems and seek out mass produced alternatives.
President Donald Trump’s campaign against Iran has inflicted major damage on Tehran’s nuclear infrastructure, even as questions remain about how much enriched uranium survived the strikes. Evidence of progress comes from Iran’s three principal nuclear sites. At Isfahan, facilities used to convert or enrich uranium remain significantly damaged after U.S. and Israeli attacks. At Natanz, […] The post Trump’s Iran Campaign Delivers Major Nuclear Setback appeared first on StoneZone .
President Donald Trump’s campaign against Iran has inflicted major damage on Tehran’s nuclear infrastructure, even as questions remain about how much enriched uranium survived the strikes. Evidence of progress comes from Iran’s three principal nuclear sites. At Isfahan, facilities used to convert or enrich uranium remain significantly damaged after U.S. and Israeli attacks. At Natanz, the aboveground plant was severely damaged, while entrances to its underground enrichment complex were struck and potentially buried. Fordo, once Iran’s most protected and advanced enrichment facility, was hit by 12 massive bombs and has been rendered inoperable. Even Rafael Grossi, director of the International Atomic Energy Agency, acknowledged…Open
chatgpt By Brian C. Joondeph Five months into the Iran conflict, supporters are asking whether America First still means fewer wars.
A US military aircraft takes off from an unknown location ahead of the strikes Published August 1 , 2026 WASHINGTON, D.C. — President Donald Trump warned Friday that the United States could launch additional military [...]