Magazine article Arms Control Today

CBO Updates Nuclear Cost Study

Magazine article Arms Control Today

CBO Updates Nuclear Cost Study

Article excerpt

Current U.S. plans to sustain and modernize its nuclear arsenal will cost $348 billion over the next decade, or 5 to 6 percent of the total costs of the Obama administration's plans for national defense, according to a January report by the nonpartisan Congressional Budget Office (CBO).

The report is an update to the cost study that the CBO released in December 2013, which put the price tag for U.S. nuclear forces between fiscal years 2014 and 2023 at $355 billion. The update estimates the cost between fiscal years 2015 and 2024.

The $7 billion dip from the 2013 estimate is due to "budget-driven delays in several programs, including a three-year delay for the new cruise missile and its nuclear warhead," the update said.

The CBO spending projection is approximately $51 billion more than the $297 billion 10-year estimate the Defense and Energy departments provided to Congress last year. …

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