September 17, 2026 6:25 a.m. 

On Wednesday, Fourth District Congresswoman Val Hoyle released a statement in response to a new analysis from the nonpartisan Congressional Budget Office finding that the war in Iran has directly cost the United States roughly $40 billion.

Representative Hoyle said, “Today is the 200th day of the President’s illegal and immoral war with Iran. It isn’t just unpopular, it’s expensive.” Representative Hoyle said, “As costs continue to rise the American people are footing the $40 billion bill. Despite this, House Republicans are calling it quits and sending us home today. It’s unconscionable that we are being sent home as the American people continue to pay the price.”

Hoyle’s release said the CBO expects the war to add roughly 0.5 percentage points to inflation in the first quarter of 2027. Inflation has already spiked by 2.3 percent in the second quarter of 2026, according to Representative Hoyle.

House Speaker Mike Johnson canceled planned votes and sent lawmakers home early for an extended recess ahead of the November midterm elections.