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Fact-check · Nov 5, 2026 · Donald Trump

“Spending $25,000,000,000 on Iran”

MISLEADING
What the record shows
Pentagon reported $25B in costs as of April 29, 2026. By September 2026, CBO estimated $38B; by October 2026, Pentagon estimated $47.1B in total costs.

$25B was accurate for April 2026 but significantly understates costs by September-October 2026 when speaker made claim.

Sources
▶ Watch the broadcast
From: President Trump Participates in Signing Time, Nov. 5, 2026

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