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THENATIONALPULSE (Pulse Wires) - Clinton-Era Commerce Chief Says Iran War Could Cost $1 Trillion.

Professor Linda Bilmes of the Harvard Kennedy School warns that the true costs of the Iran war are being significantly underestimated, and could run to over $1 trillion.   The post Clinton-Era Commerce Chief Says Iran War Could Cost $1 Trillion. appeared first on The National Pulse .

Professor Linda Bilmes of the Harvard Kennedy School warns that the true costs of the Iran war are being significantly underestimated, and could run to over $1 trillion. PULSE POINTS WHAT HAPPENED: A Harvard study estimates that the U.S.-Iran war could cost over $1 trillion. Notably, early Pentagon-reported expenses hit $11.3 billion in just six days of conflict. Professor Linda Bilmes of the Harvard Kennedy School and former Assistant Secretary and Chief Financial Officer in the Clinton Commerce Department warns that the true costs, including replacement of military assets and long-term liabilities, are significantly underestimated. DETAIL: Bilmes’s analysis suggests that the Pentagon’s reported costs are based on outdated inventory…Open

AF (Staff Sgt. Erica Webster) - CSAF, CMSAF visit 908th FTW

The senior leaders met with members from the 908th Maintenance Group and Operations Group to see the progress made in the wing’s transformation to becoming the MH-139A Grey Wolf helicopter formal training unit.

NYTIMES (Devlin Barrett) - Trump Administration Accuses Biden DOJ of Unfairly Prosecuting Anti-Abortion Activists

The report is part of the president’s effort to claim anti-conservative and anti-Christian biases in federal law enforcement, even as he pushes to wield the legal system against his political enemies.

JUSTTHENEWS (Kevin Killough) - Chinese researcher at Indiana University pleads guilty to smuggling biological materials

The FBI's Indianapolis Division began inspecting suspicious shipments from China that were addressed to Xiang, which were labeled as containing women's underwear.

AXIOS (Marc Caputo) - Scoop: U.S. eases bank sanctions amid Venezuela's economic woes

The Trump administration eased sanctions on Venezuela's state-run financial system Tuesday to try to boost the country's economy amid protests by public workers demanding higher pay. Why it matters: Venezuela's government-run bank and other large financial institutions can now begin legally using U.S. currency, directly receive billions of dollars in oil sales and reenter the U.S.-controlled global financial system to help its damaged economy. - The action by the U.S. Treasury is also intended to help spur oil-sector development in Venezuela and stabilize the new government of acting president Delcy Rodriguez. Zoom in: The U.S. took control of Venezuela's oil revenue from its state-owned company after seizing socialist strongman Nicolas…