Senator Rand Paul (R-Ky.) issued a stark warning regarding the escalating costs of the ongoing Iran war, arguing that adding hundreds of billions in new military spending threatens the stability of the U.S. dollar and poses a much greater risk than any foreign adversary.
The $700 Billion Price Tag
Speaking on CNBC, Paul pushed back against the administration’s financial requests on day 46 of the conflict. He outlined a staggering projected cost, noting a requested $500 billion base increase coupled with reports of a $200 billion supplemental package.
“So 500 plus 200 is 700 billion,” Paul explained. “We’re already running a $2 trillion deficit, so that’s a 30-some-odd percent increase in the debt in one year.”
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