The Japan Times - Trump seeks $88 bn in extra funding, mostly for Iran war

EUR -
AED 4.235923
AFN 75.541706
ALL 92.858321
AMD 421.009012
ANG 2.065142
AOA 1057.682403
ARS 1721.466389
AUD 1.635645
AWG 2.076148
AZN 1.959073
BAM 1.955344
BBD 2.322938
BDT 141.56695
BGN 1.955718
BHD 0.434898
BIF 3448.165097
BMD 1.153416
BND 1.476143
BOB 13.522843
BRL 5.977299
BSD 1.153321
BTN 110.019315
BWP 15.525375
BYN 3.46866
BYR 22606.948185
BZD 2.319548
CAD 1.608853
CDF 2624.020763
CHF 0.937237
CLF 0.026783
CLP 1054.118009
CNY 7.778462
CNH 7.77957
COP 3631.091108
CRC 517.874607
CUC 1.153416
CUP 30.565517
CVE 110.239264
CZK 24.227555
DJF 205.384722
DKK 7.475547
DOP 67.503655
DZD 153.320499
EGP 57.991774
ERN 17.301236
ETB 186.563445
FJD 2.554181
FKP 0.85376
GBP 0.854918
GEL 3.010741
GGP 0.85376
GHS 12.837003
GIP 0.85376
GMD 85.352655
GNF 10131.63467
GTQ 8.798946
GYD 241.296805
HKD 9.050657
HNL 30.919513
HRK 7.533995
HTG 150.853474
HUF 362.900364
IDR 20597.236628
ILS 3.43854
IMP 0.85376
INR 110.05434
IQD 1510.834182
IRR 1585514.089054
ISK 142.193314
JEP 0.85376
JMD 182.467401
JOD 0.8178
JPY 183.764503
KES 149.194708
KGS 100.865868
KHR 4667.89
KMF 493.661676
KPW 1038.073911
KRW 1638.369187
KWD 0.35614
KYD 0.961188
KZT 536.724696
LAK 26021.812148
LBP 103280.788081
LKR 384.463576
LRD 209.334759
LSL 18.605656
LTL 3.405737
LVL 0.69769
LYD 7.346285
MAD 10.682906
MDL 20.021326
MGA 4967.818678
MKD 61.516172
MMK 2421.995415
MNT 4149.954325
MOP 9.321985
MRU 46.21821
MUR 54.383738
MVR 17.831256
MWK 1999.959099
MXN 19.670294
MYR 4.714036
MZN 73.69364
NAD 18.605495
NGN 1569.095488
NIO 42.440092
NOK 10.985188
NPR 176.030904
NZD 1.973621
OMR 0.443495
PAB 1.153326
PEN 3.891891
PGK 5.103808
PHP 70.720518
PKR 320.132986
PLN 4.304767
PYG 6883.33334
QAR 4.192685
RON 5.244349
RSD 117.303501
RUB 96.9701
RWF 1698.932827
SAR 4.375959
SBD 9.30223
SCR 15.816679
SDG 692.629264
SEK 11.028552
SGD 1.476406
SHP 0.854526
SLE 28.316011
SLL 24186.54936
SOS 659.146116
SRD 43.449205
STD 23873.376744
STN 24.494069
SVC 10.091644
SYP 14996.711366
SZL 18.610494
THB 38.221849
TJS 10.656951
TMT 4.036955
TND 3.38478
TOP 2.777148
TRY 55.104454
TTD 7.821106
TWD 37.072507
TZS 3051.36471
UAH 51.555064
UGX 4281.963209
USD 1.153416
UYU 46.209212
UZS 13776.783674
VES 882.82631
VND 30075.314996
VUV 136.788908
WST 3.149723
XAF 655.801054
XAG 0.017719
XAU 0.000263
XCD 3.117164
XCG 2.078606
XDR 0.81614
XOF 655.798212
XPF 119.331742
YER 273.53274
ZAR 18.595737
ZMK 10382.123271
ZMW 21.682938
ZWL 371.399392
  • BCC

    -0.0050

    84.245

    -0.01%

  • RBGPF

    0.0000

    72.16

    0%

  • GSK

    0.0650

    50.365

    +0.13%

  • CMSC

    0.1000

    21.55

    +0.46%

  • NGG

    0.1000

    80.78

    +0.12%

  • RIO

    -2.3300

    98.89

    -2.36%

  • BTI

    1.4100

    57.25

    +2.46%

  • BP

    -0.1600

    42.77

    -0.37%

  • BCE

    -0.1250

    23.005

    -0.54%

  • AZN

    -0.3400

    158.16

    -0.21%

  • RYCEF

    0.1700

    20.71

    +0.82%

  • VOD

    0.0750

    16.165

    +0.46%

  • CMSD

    0.0710

    21.661

    +0.33%

  • JRI

    0.0200

    12.73

    +0.16%

  • RELX

    -0.6400

    33.91

    -1.89%

Trump seeks $88 bn in extra funding, mostly for Iran war
Trump seeks $88 bn in extra funding, mostly for Iran war / Photo: Aaron Schwartz - AFP

Trump seeks $88 bn in extra funding, mostly for Iran war

US President Donald Trump asked Congress on Wednesday for nearly $88 billion in extra spending, most of it to cover the cost of the Iran war, at a moment of growing unease in both parties over the conflict and its political price.

Text size:

The White House request for $87.6 billion in supplemental funding includes tens of billions of dollars for the Pentagon, as well as money for US farmers, Ebola response efforts in central Africa and domestic infrastructure projects.

The proposal landed a day after Congress passed a largely symbolic resolution calling on Trump to end US hostilities with Iran unless lawmakers explicitly authorize military action.

It also came as the administration tries to turn a preliminary agreement with Tehran into a final settlement after months of war that rattled global energy markets, pushed up prices and exposed divisions inside Trump’s Republican Party.

White House budget director Russell Vought made the request in a letter to House Speaker Mike Johnson, urging Congress to act quickly on what he called "important and urgent requests."

The bulk of the package would go toward military costs linked to the Iran conflict.

The administration requested about $67 billion for the Pentagon, including $21 billion for munitions and other military capabilities, $17.3 billion for operational costs and $12.1 billion for classified programs.

It also sought nearly $768 million for the Energy Department for nuclear and energy security related to Iran, and $300 million for State Department embassy security and construction in countries around Iran.

- 'Reckless war' -

The request is far smaller than the $200 billion Defense Secretary Pete Hegseth suggested in March the Pentagon might need for the war, which began with US and Israeli strikes on Iran in late February.

The funding request is expected to face a difficult path in Congress, where most Democrats oppose the war and some Republicans have begun questioning its cost, objectives and prospects for ending it.

In the Senate, major spending legislation typically needs 60 votes to advance, meaning Trump would need Democratic support unless Republicans find another legislative route.

Senate Minority Leader Chuck Schumer accused Trump of seeking more money after dragging the country into a "reckless war."

Senator Patty Murray, the top Democrat on the Senate Appropriations Committee, said Trump had launched the war without congressional authorization or broad public support and was now asking taxpayers "to pick up the tab."

The request also includes more than $11 billion in farm aid, after farmers were hit by trade disruptions and economic fallout tied partly to Trump's tariff policies.

Other items include $1.4 billion to respond to Ebola outbreaks in the Democratic Republic of the Congo, Uganda and elsewhere, $1 billion for the renovation of Penn Station in New York and $500 million for restoration and construction projects in Washington.

Republicans have already given the Pentagon $150 billion in new funding through Trump's major tax and spending law, passed last year without Democratic support.

Some conservatives have nevertheless questioned whether the Defense Department needs still more money, while vulnerable Republicans face the prospect of voting to fund an unpopular war months before November's midterm elections.

H.Nakamura--JT