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The Costs of the U.S. War with Iran and Congress Races Toward August Recess | July 22

September 6, 2026
in Market & News
Reading Time: 1 min read
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Defense Secretary Pete Hegseth says the Iran war has already cost over $37 billion, but some officials say that number is billions too low. Meanwhile, President Trump is escalating threats on critical Iranian infrastructure. NBC News national security and global affairs reporter Dan De Luce breaks down how the renewed attacks are impacting the Pentagon’s budget and whether the president’s threats could lead to more intense military action. Plus, House Republicans are racing to advance key policy items before heading out for their August recess. NBC News chief Capitol Hill correspondent Ryan Nobles breaks down why several of the GOP’s priorities are facing major roadblocks. Lastly, with an FDA advisory panel set to review seven peptides this week, NBC News medical contributor Dr. Kavita Patel joins to do some myth-busting about the drugs.

For more context and news coverage of the most important stories of our day, click here:

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