The War May Be Ending. What Did Epic Fury Cost? ^13.3%

Center for Strategic and International Studies - By Mark F. Cancian, Chris H. Park - 6/23/2026, 12:00 PM

Appeal to Authority 15.7% - Post Hoc (False Cause) 10.8% - Representativeness Heuristic 10.3%

With a ceasefire agreement signed, negotiations ongoing, and the Strait of Hormuz open, the latest U.S. campaign against Iran that began in February 2026 may be ending. Congressional attention now turns to the war’s cost—it needs to be covered, as neither the FY 2026 Department of Defense (DOD) budget nor the president’s FY 2027 budget... more