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Hegseth estimates Iran war has cost $37.5 billion as he defends funding request to Congress
Summary by The Minneapolis Editorial Desk · Based on reporting by ABC , KSTP 5 Eyewitness News (ABC)
· July 21, 2026
· 6 min read
WASHINGTON (AP) — Defense Secretary Pete Hegseth faced questions and protests Tuesday over the U.S. war with Iran , which he estimated has cost $37.5 billion so far, as Republicans prepare a $95 billion GOP budget package to fund the military, along with other White House priorities. Hegseth prov...
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Summary created by The Minneapolis Editorial Desk — automated, rule-governed Original reporting ABC, KSTP 5 Eyewitness News (ABC) Original story Read at the source Source published Jul 21, 2026 Indexed here Jul 21, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway Hegseth said the supplemental war funding is an “urgent, necessary” injection of money, and with President Donald Trump’s proposed $1.
Why this matters in The Minneapolis
Minneapolis residents are likely to feel the effects of the proposed $95 billion GOP budget package, particularly the $70 billion allocated for the war with Iran. As the cost of the war continues to rise, with Defense Secretary Pete Hegseth estimating it has already reached $37.5 billion, locals may see increased taxes or cuts to social programs to offset the expense. Additionally, the impact of the war on gas prices, which have spiked as Iran works to control oil shipments, may be felt at the pumps by Minneapolis drivers. The city's economy, which is closely tied to the national economy, may also be affected by the war funding and the proposed budget package. With many Minneapolis residents already struggling to make ends meet, the potential economic fallout from the war and the budget package is a concern that should be closely watched by local leaders and residents alike.
About this story
Original reporting by KSTP 5 Eyewitness News (ABC) . The Minneapolis surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSTP 5 Eyewitness News (ABC) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 21, 2026 ·
Source: KSTP 5 Eyewitness News (ABC) ·
Reading time: 6 min
Frequently asked about this story
What is this story about? WASHINGTON (AP) — Defense Secretary Pete Hegseth faced questions and protests Tuesday over the U.S. war with Iran , which he estimated has cost $37.5 billion so far, as Republicans prepare a $95 billion GOP budget package to fund the military, along with other White House priorities. Hegseth prov...
When was this published? This article was first published on July 21, 2026 by KSTP 5 Eyewitness News (ABC) and curated for The Minneapolis readers.
Who reported this story? This story was reported by ABC at KSTP 5 Eyewitness News (ABC). To learn more about how The Minneapolis selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Minneapolis, or browse our daily briefing and topic hubs .
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