Trump’s Iran war is costing American taxpayers $1 billion a day as the national debt spirals out of control

Photo: President Donald J. Trump delivers remarks at a press conference, March 9, 2026. Photo credit: Official White House photo by Daniel Torok via Flickr. US government work. Article by Shawn Tully. Yahoo Finance – March 11, 2026. This story was originally featured on Fortune.com.

On Feb. 11, the Congressional Budget Office released its closely watched, 10-year projections for the U.S. budget, this addition covering fiscal years 2026 to 2035. As expected, the numbers were extremely dire, positing deficits and debt that by the decade’s close respectively reach 6.5% and 120% of GDP. The sundry economists and think tanks that evaluated the numbers, and members of Congress on both sides of the aisle, called the forecast a stern warning and our current course unsustainable. […]

Click here to view original web page at www.finance.yahoo.com