Tag: Trump’s War on Iran

Trump’s Iran War Has Cost Americans $100 Billion in Energy Inflation

Buck Banks

$100 billion

“The war in Iran has now cost U.S. consumers $100 billion in higher energy prices, and the bill is rising another $1 million about every two minutes, per a real-time estimate from Brown University as of Monday morning,” Axios reports. “Energy inflation shows up across the entire economy, and the recent surge in diesel prices in particular threatens to have a dramatic impact on freight and travel in the weeks and months to come.”

Iran Promises ‘More Painful’ Response to U.S. Aggression

Buck Banks

“If they haven’t understood by now, they should understand before it’s too late that the rules of the game have changed and that from now on, any violation of Iran’s interests and security will receive a ‘faster, heavier, and more painful’ response.”

— “Iran’s ‘proportionate responses’ to U.S. attacks are over, the country’s parliament speaker and top negotiator Mohammad Bagher Ghalibaf said Sunday, while acknowledging the economic impact of the war,” CNBC reports.

Trump’s $1.5 Trillion Military Budget Will Cost Your Family Dearly

Buck Banks

$4,600

President Donald Trump is asking for $1,500,000 million for the military for next year. That’s close to $600 billion (adjusted for inflation) more than we were spending on the military in fiscal year 2025, before Trump took office, Alternet reports. This increase is huge by any measure. It comes to around $4,600 per household. It is around 8% of the total budget.