Treasury Secretary Scott Bessent dismissed raising taxes to fund the U.S. military campaign in Iran as “not at all” under consideration, calling the idea “ridiculous,” in an exclusive interview on NBC’s Meet the Press on Sunday.
“Why would we do that?” Bessent said. “We have a trillion dollars in this year’s budget for the military.”
War Costs Surge As Administration Confident
The remarks came as the war’s costs have climbed. National Economic Council Director Kevin Hassett, appearing on CBS’s Face the Nation, confirmed the operation has already cost $12 billion, up from $11.3 billion presented to lawmakers covering just the first six days of fighting, including $5.6 billion in munitions in the first two days alone.
Hassett said the administration has what it needs for now and is …
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