Projected Costs of U.S. Nuclear Forces, 2019 to 2028

Congressional Budget Office

No 54914, Reports from Congressional Budget Office

Abstract: The nation’s nuclear forces are reaching the end of their service life. CBO estimates that the Administration’s current plans to operate, maintain, and modernize them would cost $494 billion over the 2019–2028 period, or about 6 percent of the total 10-year costs of the plans for national defense outlined in the President’s 2019 budget submission. The current estimate is 23 percent (or $94 billion) higher than CBO’s 2017 estimate for the 2017–2026 period, largely because modernization programs are further along in their development and some new programs have been added.

JEL-codes: H56 H57 L64 N40 N42 N62 Q48 (search for similar items in EconPapers)
Date: 2019-01-24
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