Watch Live: Lawmakers press Hegseth, Caine for details on Iran war funding

TL;DR

Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine testified before House and Senate subcommittees on defense spending.
The Trump administration is seeking $1.5 trillion for fiscal year 2027, a 42% increase from 2026, largely due to the Iran war.
Democrats expressed concerns about the lack of a clear strategy for the Iran war and the absence of congressional authorization.
Hegseth stated there is a plan for escalation or asset shifts but declined to provide details.
The cost of the Iran war has reached $29 billion, with projections suggesting it could be closer to $50 billion.
Several lawmakers, including Republicans, are questioning the administration's use of reconciliation processes for funding and are seeking to limit presidential war powers.

Continue reading the original article