• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Some Fortune Crypto pricing data is provided by Binance.
PoliticsDonald Trump

‘Without these funds, we face critical shortfalls’: Hegseth on additional defense spending following $37.5B Iran War price tag

By
The Associated Press
The Associated Press
and
Lisa Mascaro
Lisa Mascaro
Down Arrow Button Icon
By
The Associated Press
The Associated Press
and
Lisa Mascaro
Lisa Mascaro
Down Arrow Button Icon
July 21, 2026, 5:16 PM ET
Defense Secretary Pete Hegseth sits and speaks at a Senate Committee Hearing
Defense Secretary Pete Hegseth testifies at a Senate Appropriations Committee hearing.AP Photo/Jacquelyn Martin
Add Fortune on Google for similar content.

Defense Secretary Pete Hegseth said Tuesday the U.S. war against Iran has cost $37.5 billion, so far, as he is facing questions and protests at a Senate hearing ahead of a $95 billion GOP budget package to fund the military, along with aid to farmers and voting law changes that are top White House priorities.

Recommended Video

Hegseth provided the new estimate, up from earlier accounts, during testmnony before the Senate Appropriations Committee. Several times, protesters interrupted Hegseth’s opening remarks, which come days after the Pentagon announced that three more American service members have died in the conflict, bringing the death toll to 17, and that more than 100 have been injured since early July.

Hegseth said the supplemental war funding is an “urgent, necessary” injection of funds, and with President Donald Trump’s proposed $1.5 trillion defense budget a generational investment in the military.

“Without these funds, we face critical shortfalls,” Hegseth testified.

But Sen. Patty Murray, the top Democrat on the panel, in her own opening remarks warned of “another forever war.”

“This war is now spiraling out of control again,” Murray said.

Trump “has told us over 40 times now that a deal is near, and the war will be over soon,” she said. “But now, he’s asking for $70 billion more — and for us to just trust him it’ll all work out fine.”

Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, and Agriculture Secretary Brooke Rollins are also testifying before the panel.

Ahead of the hearing, the White House issued a statement of administration policy urging support of the budget resolution “without modification—immediately.”

War funds make up the bulk of the GOP budget plan

War funding makes up the bulk of the GOP’s new budget proposal, one last priority package the Republicans hope to launch before lawmakers recess to campaign for the midterm elections that will determine control of Congress. It also includes $10 billion in aid for famers struggling under Trump’s tariffs and $10 billion for voter law changes that are likely to include new ID requirements, none of it paid for with offsets.

Most Americans continue to disapprove of how Trump is handling Iran, according to an AP-NORC poll. Gas prices have spiked as Iran works to control oil shipments through the Strait of Hormuz, U.S. munitions are running low amid the onslaught of American missile strikes and Trump has shifted away from his own campaign promise not to draw the U.S. into prolonged military conflicts.

Nevertheless, Trump has showed no signs of backing off the war, and the Republicans have largely refused to confront his strategy, question his objectives or use Congress’ power of the purse or war powers authority to halt the conflict.

“The commander in chief and the whole Department of War are working very hard to bring this to a resolution,” said House Speaker Mike Johnson at his weekly press conference Tuesday. “There’s a lot of questions about how that will be done.”

Trump, in a social media post at the start of the week, asked all House Republicans to vote for the budget resolution.

Hegseth faces questions over war, testosterone screenings and more

Hegseth is appearing before the panel facing a torrent of questions about not only the war, but his own leadership of the department.

Sen. Susan Collins, the Republican chair of the committee, opened the hearing saying it’s “deeply troubling” that the Pentagon has blocked or denied promotions to various officers, particularly women and minorities.

“This is likely to discourage well-qualified women and individuals of color from joining our armed forces, thus depriving us of their talent, dedication and patriotism,” Collins said.

Senate Democratic Leader Chuck Schumer said Hegseth has been busy promoting his plan for testosterone screenings for the troops rather than publicly disclosing the latest service member injuries in the war with Iran. Nearly 450 have been injured since the start of the war.

“One of the biggest questions Pete Hegseth has to answer today is why he was out marketing testosterone supplements for our troops last week while withholding casualty numbers in the Iran War from the American people,” Schumer said.

Senators have pressed the defense secretary to release the Pentagon’s report on the deadly attack on an Iran primary school at the start of the war and threatened to withhold his own travel budget unless he complies.

This week, the Senate will consider another war powers resolution, having voted nearly a dozen times to try to halt the conflict. The House has approved a war powers resolution limiting Trump’s ability to wage war, with a few Republicans joining the Democrats to pass the measure, but no resolution has cleared both chambers to be sent to the president’s desk.

Republicans work to pass budget over Democratic objections

The GOP budget proposal is expected to flow through the reconciliation process, which enables the majority to approve the plan on its own, over the objections of Democrats in the minority.

It’s the same lengthy process Republicans used to approve Trump’s big tax cuts bill last summer, as well as Homeland Security funds earlier this year.

The proposal is headed toward a House vote this week, which would start the process by instructing various committees to begin drafting the legislation. Johnson can afford only a few defectors from his slim majority.

So far one Republican, Rep. Warren Davidson of Ohio, has objected to the budget plan, warning it will pile onto deficits because the new funding is not being offset with spending reductions elsewhere. Other conservative Republicans share those concerns.

GOP senators have so far panned the House budget plan, but are waiting to see if Johnson can kickstart the process with this week’s voting.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By The Associated Press
See full bioRight Arrow Button Icon
By Lisa Mascaro
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Politics

kid lying down on phone
PoliticsSocial Media
Lawmakers say they’re protecting kids—but their age checks are quietly building an ID requirement for the entire internet
By Catherina GioinoJuly 21, 2026
2 hours ago
Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister
PoliticsEuropean Union
Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister
By The Associated PressJuly 21, 2026
2 hours ago
Bill Gates called meeting Epstein a ‘grave error in judgment.’ A new review shows the Gates Foundation still met with him about 30 times
North AmericaBill Gates
Bill Gates called meeting Epstein a ‘grave error in judgment.’ A new review shows the Gates Foundation still met with him about 30 times
By James Pollard and The Associated PressJuly 21, 2026
3 hours ago
Federal civil rights agency votes to scrap 60-year-old workforce diversity reporting rule
Politicsdiversity and inclusion
Federal civil rights agency votes to scrap 60-year-old workforce diversity reporting rule
By The Associated Press, Claire Savage and Alexandra OlsonJuly 21, 2026
4 hours ago
Kid watching social media
PoliticsSocial Media
France adopts bill to ban kids under 15 from using social media
By The Associated PressJuly 21, 2026
4 hours ago
Google DeepMind CEO Demis Hassabis
AIEye on AI
A FINRA for AI? The idea from Google DeepMind CEO Demis Hassabis is gaining momentum. But is it any good?
By Jeremy KahnJuly 21, 2026
5 hours ago

Most Popular

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
1 day ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
1 day ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
3 days ago
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
Economy
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
By Jason MaJuly 20, 2026
1 day ago
Current price of silver as of Monday, July 20, 2026
Personal Finance
Current price of silver as of Monday, July 20, 2026
By Joseph HostetlerJuly 20, 2026
2 days ago
Jamie Dimon won't put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt
Economy
Jamie Dimon won't put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt
By Eleanor PringleJuly 21, 2026
13 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.