$100 Billion & Climbing: Iran War Price Tag Believed Far Higher Than WH Estimates

While the Pentagon publicly clings to a $30 billion price tag for its war against Iran, internal Defense Department assessments (unsurprisingly) paint a far more staggering picture: the true cost is rapidly closing in on the $80 billion to $100 billion range, according to NBC News.

The Pentagon’s Office of Management and Budget told Congress on June 30 that US military operations against Iran so far is $30 billion: “We’ve spent about $30 billion,” OMB Director Russel Vought told the House Appropriations Committee. 

NBC’s new assessment bluntly states the following, however: “The cost of the war with Iran could be more than triple the most recent estimate of roughly $30 billion, according to three U.S. officials and three people familiar with the internal cost estimates.”

The lower figure was reportedly initially floated based a classic Washington accounting trick which only evaluates the cost of expended missiles and munitions while conveniently ignoring the charred remnants of American hardware and damaged bases littering the Gulf states after Iranian retaliatory attacks, the report explains.

The estimate featured in the NBC report accounts for actually rebuilding those installations previously attacked by Iran. Judging by how things are going this week – after five consecutive days of renewed fighting – the final bill from damage will only keep pushing up from here.

It has been well documented that while American troops at Gulf bases across the Strait of Hormuz and Persian Gulf were by and large pulled back from near ‘front lines’ – large US military assets like refueling tankers were in some cases left behind, resulting in scenes like the following:

“Five U.S. Air Force refueling planes were struck and damaged on the ground at Prince Sultan air base in Saudi Arabia, according to two U.S. officials,” The Wall Street Journal reported in mid-March. Each one costs hundreds of millions.

“The tankers were hit during an Iranian missile strike on the Saudi base in recent days, the officials said,” WSJ detailed at the time. “U.S. Central Command declined to comment. The tankers were damaged but not fully destroyed and are being repaired, one of the officials said. No one was killed in the strikes.”

And in Bahrain, home of the US Navy’s Fifth Fleet, damage to military facilities is already estimated at $1 billion. Heavily fortified installations in Kuwait have also taken a severe beating, with both these tiny Arab Gulf states being favored targets of IRGC projectiles of late.

In the meantime, with a $1.5 trillion budget battle looming this autumn, the Pentagon is currently urging Congress to approve $68 billion supplemental funding package just to keep the lights on, but as the Iran war drags on with few clear objectives outlining an endgame, defense officials are hitting a wall of bipartisan skepticism among lawmakers.

One D.C. watchdog group, Public Citizen, has stated this week: “The American people are fed up with spending more on bombs and less on basic needs. And they are furious with a pointless, deadly, illegal, unconstitutional and protracted war that is costing lives and driving up gas prices.”

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“Not Seen Since World War II”: New Texas Shipyard To Hire 10,000 Workers And Mass-Produce Drone Boats

Building on our coverage of autonomous maritime warfare this week, Saronic Technologies is preparing to build a massive shipyard on the Texas coast capable of producing autonomous surface vessels at scale, a project expected to create more than 10,000 jobs.

Bloomberg reports that the Austin-based technology company, which specializes in maritime drones, is building a $3.2 billion shipyard at the Port of Brownsville on the Texas coast. The facility will manufacture medium- and large-class autonomous vessels.

Earlier this week, the US military used Saronic’s Corsair one-way attack vessels in a swarm strike against a submarine and ship-maintenance facility at Iran’s Bandar Abbas naval base.

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Politicians Should Stop Hiding Behind the ‘Two-State Solution’ Fantasy

Creation of a Palestinian state next to Israel seemed feasible when President Bill Clinton hosted the signing of the Oslo accords at the White House in September 1993. The goal was reaffirmed in 2011 when 90 percent of the Senate co-sponsored a resolution supporting “a two-state solution to the Palestinian-Israeli conflict.”

But today, the two-state scenario is far-fetched to the point of delusion if not evasion.

For politicians, it has become a box to check. According to data from the American Jewish Congress, every Democrat and most Republicans on the Senate Foreign Relations Committee currently say they support “the two-state solution.”

Whatever the rhetoric, ending Israeli control over Palestinians in the territories occupied since 1967 is not on the table.

“Nobody who talks about a so-called ‘two-state solution’ talks about an end to settlements and colonization, and an end to the occupation,” Palestinian-American historian Rashid Khalidi said in an interview this year. “If you don’t have those as the preconditions, it’s not a state – it’s some reshuffling of a status quo of colonization and occupation.”

At best, only such reshuffling is on the horizon. The essence of colonization and occupation is baked into Israel’s Jewish nationalism that has hardened into systemic cruelty toward Palestinians undergoing genocide.

Yet the boilerplate refrain for a two-state solution has great political utility in the United States. For most politicians, it’s very handy for virtue signaling. The same holds true for pro-Israel pressure groups. Even AIPAC, while incapable of faulting the Israeli government for anything, blames Palestinians for refusing “to negotiate on the basis of the Trump peace framework – which envisions a two-state solution.”

Especially for politicians eager to have the deep-pocketed Israel lobby on their side at election time, saying “two-state solution” has become little more than a way of dodging key facts that exist on the ground. The Israeli military now controls 70 percent of Gaza after reducing it to rubble that has buried an unknown number of bodies. The 2.1 million Palestinians still alive in the enclave are confined to just 30 percent of its 141 square miles, under terrible living conditions.

Meanwhile, the proliferation of settlements in the West Bank has pushed Palestinian people into smaller and smaller fragmented areas, divided by hundreds of checkpoints, while they face lawless violence from Israelis akin to the KKK’s terrorizing of blacks in the Jim Crow South. Several hundred settlements and outposts in the West Bank are now home to upward of 730,000 Israelis, with more arriving all the time.

Given such realities, advocates for a two-state solution have no credible answer to a basic question that is rarely asked: Where would the putative Palestinian state actually be located?

When Britain, Canada and Australia announced their formal recognition of a Palestinian state last fall, putting the number of nations doing so over 150, they were recognizing a phantom. “Israelis and Palestinians alike say the possibility of a two-state solution seems more remote than ever,” the New York Times reported at the time. “Israel’s military campaign in Gaza has devastated the enclave. Israeli settlements have become ever more entrenched in the West Bank.”

But in U.S. politics, the routine is to maintain the convenient fantasy of a two-state solution. Democratic presidential nominee Kamala Harris was simply offering up requisite platitudes during a CNN interview in August 2024 when she declared her commitment to “work toward a two-state solution, where Israel is secure and in equal measure the Palestinians have security and self-determination and dignity.”

David Mandel, a Sacramento chapter leader of Jewish Voice for Peace, told me: “In light of demographic and political realities, a ‘two-state solution’ has become a mostly empty mantra, frequently mouthed by politicians who did nothing to bring it about when it might have been a viable path to end violence and build toward something better.” He added: “It has also become a political refuge for many Americans, including a great many Jews, who are generally progressive and want to differentiate themselves from Benjamin Netanyahu and his ilk, but only performatively, without joining efforts to end real violations of Palestinian rights like occupation, ethnic cleansing, apartheid and genocide.”

A grim truth is that no one really knows what a genuine “solution” might be for the mega-tragedy that continues to unfold in Palestine. Unhelpful from Americans is the facile prescription of a two-state solution or, for that matter, any other supposed remedy. Claiming to know what’s best for Palestinians is built into a colonial mindset that has propelled intervention in the region for more than a hundred years.

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REPORT: Pentagon Draws Up Plans for Possible Military Action Against Communist Cuba

Senior Pentagon officials are reviewing military options for Cuba as the Trump administration intensifies pressure on Havana’s communist government.

According to CBS News, the planning reportedly includes a possible Army-led air assault involving thousands of U.S. troops from the 101st Airborne Division.

Officials stressed that no operation has been approved and that the discussions remain at the contingency-planning stage.

The review follows months of escalating pressure on the communist regime.

President Trump restored Cuba’s designation as a state sponsor of terrorism after returning to office, expanded restrictions on travel and financial transactions, and targeted the military-controlled conglomerate GAESA, which dominates much of the island’s hard-currency economy.

Secretary of State Marco Rubio has pushed for a negotiated transition to a reform-minded government, but talks have stalled.

In a recent statement, Rubio said Cuba’s ruling elite continues to maintain “total control” while clinging to a “morally bankrupt Marxist ideology.”

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The Promise Of A Quick Victory Turns Into A Stagnating Conflict – Pressing Lawmakers As New Fears Of A “Forever War” Are On The Rise

In February 2026, the United States and Israel conducted military strikes against Iran, which resulted in the death of the Iranian dictator, Ayatollah Ali Khamenei, and started another major war in the Middle East. Five months later, it has become unclear how long this war will last or what the objective even is.

The past few months have seen a nonstop back-and-forth on the status of the war, creating a lot of confusion for the general public. Throughout the war, Iran has closed the Strait of Hormuz, one of the world’s most vital energy chokepoints and an important trading route. The closure of the straight has brought massive inflation to the U.S., with gas price averages rising close to $4 a gallon.

One moment, President Trump says that a peace deal is on the horizon; the next moment, U.S. strikes against Iran intensify. One moment talks about reopening the Strait of Hormuz see progress; the next moment, Iran closes the strait once again.

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Latest Case of “Palestine Exception” to Free Speech Is “Golden Gate Defendants”

Jury deliberations in the case of a group of San Francisco protesters dubbed the “Golden Gate Defendants” resulted in multiple misdemeanor convictions on July 2, 2026. The case stems from an organized action that took place April 15, 2024, in protest of the U.S.-enabled Israeli genocide in Gaza. Twenty-six people were initially arrested for blocking traffic on San Francisco’s Golden Gate Bridge and jailed for more than 48 hours. After a majority of the 1,144 combined charges were dropped, seven people went to trial.

In spite of being found guilty of multiple misdemeanors, the Golden Gate Defendants view the outcome as a victory. Tori Porell, senior staff attorney at Palestine Legal, who has been supporting the defendants, said San Francisco District Attorney Brooke Jenkins “failed to secure convictions on the most serious charges” of felony conspiracy. Jury members were deadlocked on the felony charges that could have resulted in 15-year prison sentences.

Still, defendants and their allies have spent two years enmeshed in the stress of a long-drawn-out trial. Now, those charged and convicted await a sentencing hearing in August.

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Trump warns Iran that next targets will be power plants and bridges if no deal is reached

President Donald Trump warned the Iranian regime Tuesday that the United States will target its bridges and power plants soon “unless they get to the table and negotiate.”

The Middle Eastern conflict resumed last week after Iran struck three commercial vessels in the Strait of Hormuz and the United States has since launched its own strikes on Iran in response.

Trump warned Iran that the conflict will end when “I say it’s enough,” and that “energy targets” are next on his list. Iranian bridges and power plants will be struck next week if no deal is reached.

“I’ll save the energy targets for last, but ultimately we’ll hit energy targets,” Trump told Fox News reporter Trey Yingst. “We’re going to hit them very hard tonight. We’re going to hit them very hard tomorrow night. We’re going to hit them very hard the night after, and then next week it gets really bad for them because next week comes the power plants.

“Next week comes the bridges. We’re going to knock out all their power plants,” he continued. “We’re going to knock out all their bridges unless they get to the table and negotiate.”

Trump defended the U.S.’s recent airstrikes on Iran, likening the country’s regime to a boxer who needs to be beaten down before peace can be achieved.

“The only way you can negotiate with these people is through strength, and the only strength is military strength, and that’s what we’ve done,” Trump told Yingst. “It’s like a great boxer. You think you have them beat, and then all of a sudden he comes back and he gives you a shot. They have some fight left, but they don’t have much.”

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Trump Does Not Rule Out Ground Invasion in Iran, Suggests US Will Take Kharg Island

President Trump on Tuesday sat for an interview with Fox News, where he suggested that a ground invasion may be imminent in Iran and that the US may take over Iran’s critical oil export hub of Kharg Island. 

The President declined to say whether he would rule out a ground campaign, suggesting it might be necessary if he “thought it was appropriate.”

“Sometimes you need a ground campaign, but we have other people that will do the ground campaign for us,” Trump added.

Trump also said the ongoing air campaign against Iran, which resumed last week, will “continue until I say it’s enough.”

As The Gateway Pundit reported, US forces carried out attacks on Iran for approximately seven hours last night, hitting “dozens of military targets near the Strait of Hormuz and Iranian coastal areas,” US Central Command said, releasing video of strikes.  

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Report: Trump Sons Build Defense Portfolio as Pentagon Billions Flow

President Donald Trump’s sons have built a broad portfolio of defense technology investments as their father’s administration directs more money toward drones, robotics, artificial intelligence, and other new weapons systems.

Funds linked to Donald Trump, Jr. and Eric Trump have invested in at least 15 companies seeking business from the Pentagon and other federal agencies, according to a Washington Post analysis. Most of the investments came after Trump won reelection.

Since the sons invested, says the report,

The companies have collectively generated at least $3.2 billion in direct government business since the sons invested and an additional $3.1 billion in future contract options. Some have gained coveted spots on shortlists of preapproved contractors that can bid exclusively on up to nearly $200 billion in future work.

The explosion of the family’s financial wealth does not stop with the sons. A disclosure filed in 2026 showed that Trump himself reported at least $2.2 billion in income for 2025, up from about $600 million the previous year. That works out to roughly $6 million per day. His accounts also made thousands of securities trades across the economy, including investments in defense companies and other industries heavily regulated by, or dependent on, federal policy.

The Money Trail

The Trump sons’ investments reportedly flow mainly through two firms.

Donald Trump, Jr. joined venture-capital firm 1789 Capital as a partner within days of his father’s 2024 election victory. The firm promotes what its partners call “patriotic capitalism.” It invested in 11 of the 15 defense, robotics, and AI companies identified by The Post.

Meanwhile, Eric Trump has invested primarily through American Ventures. The firm operates through Dominari Holdings, a small investment bank based in Trump Tower. Eric Trump told the outlet that he was “one of several passive investors.”

Neither brother holds a government position. Neither had notable experience in defense technology before the investment drive began. Both remain executive vice presidents of the Trump Organization.

The Companies

The companies that the Trump-linked firms invested in range from industry giants to little-known startups.

Elon Musk’s SpaceX accounted for about $2.1 billion in direct federal business after the investment and another $1.2 billion in potential commitments, according to The Post. Musk was also Trump’s largest financial backer in 2024. He spent nearly $300 million supporting Trump and other Republicans.

SpaceX was already deeply dependent on Washington. As of February 2025, it reportedly held about $22 billion in government contracts, including roughly $15 billion from NASA.

Its military role has since expanded sharply. This May, SpaceX won a $4.16 billion Space Force contract for satellites designed to track and target airborne threats. Days earlier, it secured another $2.29 billion to build a military satellite communications network.

Those systems could form important parts of Trump’s controversial Golden Dome missile shield. SpaceX was previously identified as a leading contender for the program, alongside Anduril and Palantir (all run by Trump’s mega donors).

Anduril ranked second in The Post’s tally. It accounted for about $1 billion in direct government business and another $122.9 million in potential work. The company builds autonomous drones, surveillance systems, missiles, and counter-drone technology.

Together, SpaceX and Anduril accounted for 97 percent of the direct federal money identified by The Post.

The remaining investments covered automated weapons factories, rare earth magnets, quantum computing, humanoid robots, drones, rocket fuel, and targeting software. Hadrian and Vulcan Elements secured the largest potential commitments among the smaller firms. Other companies included Databricks, Foundation Future Industries, Unusual Machines, Firehawk Aerospace, Perplexity AI, PsiQuantum, and Aeon Industrial.

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Media Cheering a Deal That Puts Lebanon on the Chopping Block for Israel

US Secretary of State Marco Rubio on June 26 triumphantly announced the “signing of the Trilateral Framework between Lebanon, Israel and the United States.” The document allegedly “builds a realistic path out of endless conflict” between Israel and Lebanon—“the inheritors of ancient civilizations that date back to the time of the Bible.”

According to Rubio:

This agreement establishes a clear and structured process to restore Lebanon’s sovereignty, disarm Hezbollah and dismantle its terrorist infrastructure, and enable Israel to return to its borders once that threat to its citizens is removed.

The framework also creates a cool-sounding “Military Coordination Group for Lebanon (MCG4L), facilitated by the United States.”

As should be immediately clear to anyone who has paid minimal attention to politics over the past 80 years, any US-brokered agreement between the two inheritors of ancient civilizations will automatically be designed to screw over Lebanon in favor of Israel—which has harbored designs on Lebanese territory from the get-go.

As Amnesty International noted, the agreement “betrays victims of war crimes in Lebanon” by essentially blocking their right to seek justice in international forums. It also signs off, Amnesty said, on the “prolonged and indefinite forced displacement of tens of thousands of residents of vast swathes of southern Lebanon occupied by Israeli forces.”

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