Updated
Updated · The American Prospect · May 15
Trump's Iran War Drains U.S. Readiness as Navy Nears Cash Crunch in 2 Months
Updated
Updated · The American Prospect · May 15

Trump's Iran War Drains U.S. Readiness as Navy Nears Cash Crunch in 2 Months

5 articles · Updated · The American Prospect · May 15
  • Three U.S. carrier battle groups have been deployed for months, straining equipment and budgets as the Iran conflict continues despite a supposed cease-fire.
  • The USS Gerald R. Ford returned for maintenance after an 11-month deployment—the longest since the Vietnam War—while the Navy could run out of cash within two months, according to the chief of naval operations.
  • The Army faces a $4 billion to $6 billion shortfall and is cutting training, while key munitions such as cruise missiles and interceptors may take years to replenish after heavy use.
  • The report says the Pentagon has not yet signed new contracts to expand munition supply, leaving the military to preserve operations by skimping on maintenance and readiness.
  • Trump has proposed lifting the military budget to $1.5 trillion, but the war's rising costs and weak public support raise doubts about whether the U.S. can sustain the conflict without deeper long-term damage.
With missile stocks critically low, is America’s defense industry capable of supporting another major war?
As military resources are consumed by numerous conflicts, what is the true cost of being the world's policeman?
How can the global economy survive if the world’s most vital shipping lanes remain closed indefinitely?

Operation Epic Fury’s $25 Billion Shock: U.S. Military Readiness, Economic Fallout, and Political Crisis After the 2026 Iran War

Overview

The United States military, especially the Navy, is facing a critical readiness crisis as of May 2026 due to the unbudgeted costs of Operation Epic Fury, which began in late February 2026. The operation led to extensive use of advanced weaponry, with thousands of missiles and drones fired at Iranian targets and heavy deployment of air defense interceptors. This rapid expenditure has depleted munitions and created immediate financial strain, forcing the military to consider significant operational cutbacks by July 2026. These challenges threaten both personnel retention and the nation’s ability to respond to future conflicts.

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