Elizabeth Warren Says 'Hard No' To Trump's $50 Billion Iran War Funding Request: Congress 'Could Afford' Health Care Tax Credits Instead - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
By Rishabh Mishra
Published on March 16, 2026.
Senator Elizabeth Warren (D-Massachusetts) has challenged the White House's $50 billion funding request for the ongoing Iran war, stating that Congress could easily fund health care tax credits instead. She argues that the funds should be redirected towards bolstering the nation's healthcare system. This comes as the Donald Trump administration seeks to replenish military stocks depleted by "Operation Epic Fury," which has cost over $11.3 billion. The conflict, which began on February 28, has already seen $5.6 billion in munitions used in just forty-eight hours. The cost of the war exceeds the cost of keeping ACA credits active for millions of Americans, with enough surplus to fund social programs.
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