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You are here: Home / Press Room / Center in the News / Reuters Story on $355B Cost of U.S. Nuclear Weapons Plan Over the Next Decade Quotes Kingston Reif

December 20, 2013

Reuters Story on $355B Cost of U.S. Nuclear Weapons Plan Over the Next Decade Quotes Kingston Reif

U.S. nuclear weapon plans to cost $355 billion over a decade: CBO report

December 20, 2013
By David Alexander

(Reuters) – The Obama administration’s plans for the U.S. nuclear weapons complex, including modernization of bombs, delivery systems and laboratories, will cost the country about $355 billion over the next decade, the Congressional Budget Office said on Friday.

That is nearly $150 billion more than administration’s $208.5 billion estimate in a report to Congress last year, an analyst at an arms control group said, and since the modernization effort is just beginning, costs are expected to greatly increase after 2023.

The budget office said President Barack Obama had requested $23.1 billion for U.S. nuclear forces in the 2014 fiscal year, including $18 billion to maintain the weapons and supporting laboratories as well as the submarines, bombers and missiles to deliver the weapons.

In the decade to 2013, the administration’s plans to modernize and maintain submarines, bombers and missiles will cost about $136 billion, the CBO said in a 25-page report.

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Posted in: Center in the News, Press Room

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