Haydari Nazar
40
There is a very important distinction between two different figures: the total U.S. national debt and the cost of the war with Iran.
The U.S. national debt did in fact exceed $40 trillion in August 2026, reaching approximately $40.0 trillion.
However, this is not a deficit caused by the war with Iran. The debt has accumulated over decades and accelerated because of spending during COVID-19, chronic budget deficits, tax cuts, government spending programs, and rising interest payments on the debt.
As for the cost of the war with Iran itself, the Pentagon announced in July that it had reached $37.5 billion at that point—not $40 trillion.
This is where the picture becomes more interesting: $37.5 billion is the publicly reported direct military cost, but it does not necessarily reflect the war’s full economic cost. The war has pushed up oil prices, put pressure on inflation, affected bond markets, and created additional expenses for replenishing munitions and repairing equipment and military bases.
More importantly, politically speaking, if the war continues without a clear strategic outcome, Washington’s problem is not only what it has spent so far, but also the cost of continuing. Every additional month means new military expenditures, the depletion of munitions, higher borrowing costs, and greater pressure on the budget.
Therefore, I agree with the essence of your argument: the United States is facing a growing financial and strategic problem. But the more accurate way to put it is:
The U.S. national debt has exceeded $40 trillion, while the cost of the war with Iran has reached tens of billions of dollars so far, and the war’s overall economic cost could become much greater if the conflict continues for a prolonged period.
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