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Inflation rate rises to 3.8% annually; cost of Iran war jumped to $29B - MS NOW Reports
Inflation rose 3.8% annually in April, outpacing wage growth for the first time since 2023. Meantime, the Pentagon is increasing its estimate for the cost of the Iran War to $29 billion.
MS NOW Senior Capitol Hill Reporter Ali Vitali, MS NOW Senior National Security Reporter David Rohde, Chief White House Correspondent for The New York Times and Iraq War Veteran and Host of the "Independent Americans" podcast Paul Rieckhoff join Chris Jansing to discuss the latest. - Aired on 05/12/2026.
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