U.S. Treasury Secretary: America Has 'Adequate' Funds for War Against Iran

U.S. Treasury Secretary Bessent said on Sunday that the U.S. government has "adequate" funding to support a war against Iran, but is seeking additional appropriations from Congress to ensure the military remains fully funded in the future. Furthermore, he ruled out the possibility of financing this conflict through tax increases.

Earlier reports revealed that the Pentagon had requested the White House approve its request for over $200 billion in funding from Congress to finance the latest Middle East conflict.

This move has faced strong opposition in Congress. Even some Republicans and Democrats have questioned whether additional funding is necessary, given the substantial defense budget already allocated last year. Defense Secretary Hegseth stated last week that the extra funds were needed "to ensure appropriate financial support for missions already completed, as well as those that may be required in the future." President Trump has not yet submitted a formal request for approval of these funds to either chamber of Congress, and his administration has made clear that the amount could change.

"We have adequate funds to support this war," Bessent argued during an interview on NBC News, "This is merely supplemental funding. President Trump is strengthening our military, just as he did during his first term, and is doing so again in his second term. He wants to ensure the military will be fully supported in the future."

Bessent dismissed concerns about potential tax hikes, calling them "absurd," and emphasized, "There is absolutely no consideration of it whatsoever."

On February 28, the United States and Israel launched military operations against Iran, followed by ongoing clashes. Tel Aviv claims its objective is to prevent Tehran from acquiring nuclear weapons. Meanwhile, Washington has threatened to destroy Iran's military capabilities and urged Iranian citizens to overthrow the regime.

Iran, in turn, emphasized it is prepared for self-defense and currently sees no value in resuming negotiations.

Original article: toutiao.com/article/1860439463434252/

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