Iran, Hormuz, Inflation

The House debated the conflict with Iran and the blockade of the Strait of Hormuz and their effects on prices. Representative Marcy Kaptur said the military action against Iran, which she described as an undeclared war of choice, had lasted 137 days rather than the few days first announced, and said it costs about $1 billion a day. She argued the blockade is driving up gas and everyday prices and said Congress should not approve roughly another half-trillion dollars in spending on the war. No other statements are available in this sample.Written by AI from the debate. Updated .

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1 statement

Marcy Kaptur, OH

Democrat
“President Trump's war with Iran has lasted almost six months and costs taxpayers $1 billion a day. His blockade of the Strait of Hormuz is making gas and everyday prices go up. Americans cannot afford this war, and Congress should not spend another half-trillion dollars on it.”
Official Congressional Record

Mr. Speaker, today marks the 137th day of President Trump’s undeclared war of choice on Iran. He originally said it would last no more than 4 days. It is now day 137, and we are headed toward month 6, one-half of a year, costing taxpayers $1 billion a day. The cost of this war is being borne by hardworking families all across our country, already costing them over $100 billion or more added to the U.S. debt. The war is spreading. The President has blockaded the Strait of Hormuz through which 20 percent of the world’s trade flows. He has turned the U.S. Navy into a traffic cop for the strait as his blockade resumed, and the Navy is charged with charging vessels 20 percent, a 20 percent tariff for passing through, which means prices are going up. Gas prices had begun to subside a little bit, but they just went back up. I just paid $4.35 a gallon. Diesel is much higher. One farmer I spoke to last week told me that his fertilizer prices shot up from $90 to $500. This yin-yang is destabilizing. How sad it is that the President says he doesn’t think about Americans’ finances when he makes his decisions. Mr. Speaker, our people simply cannot afford the latest war in the Middle East. They are telling us that enough is enough. One-half trillion dollars more for war? No.

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