US Iran war costs near $29 billion as Hegseth defends budget

The Pentagon says the US war in Iran has cost nearly $29 billion so far. Defense Secretary Pete Hegseth is defending the Trump administration's proposed $1.5 trillion defense budget for 2027, while facing bipartisan frustration from Congress over the conflict.

Meanwhile, US intelligence reports that Iran has restored 90% of its missile facilities and retains access to most launch sites after earlier strikes. Hegseth has denied any ammunition shortages and pushed back on criticism of the war's high costs.