The Congressional Budget Office’s Report on the Projected Costs of U.S. Nuclear Forces has again undercut the tired myth that our current nuclear weapon plans are inexpensive. According to the report, the administration’s plan for modernizing the nuclear triad is expected to cost $348 billion over the next decade, an average of about $35 billion a year. But these costs reflect only the tip of the budgetary iceberg. Reports such as the National Defense Panel Review of the 2014 Quadrennial Defense Review and the Trillion Dollar Triad estimate the entire modernization plan will likely cost $1 trillion over the next 30 years.
Nuclear Piggy Bank
Analysis of the DOE Nuclear Non-Proliferation Budget for Fiscal Year 2015
Curious how much money US lawmakers appropriated to prevent nuclear terrorism and the spread of nuclear materials for fiscal year 2015? Deep within the 1,600 page Cromnibus, the National Nuclear Security Administration (NNSA) received $1.616 billion dollars, a $337 million reduction from FY 14.
Some good programs went unfunded, like cooperative threat reduction work with Russia. Some bad programs were funded well above the Obama administration’s request, like the Mixed Oxide fuel program dubbed the “fuel to nowhere.”
** Click here for our full analysis of the NNSA’s FY15 nuclear nonproliferation budget
National Defense Magazine Quotes Angela Canterbury on Military Spending
Defense 2015 Preview: Downturn Ends but Industry Troubles Not Over December 30, 2014 By Sandra Erwin Pentagon contractors are entering the new year with a mix of caution and optimism. Military spending is about to hit bottom and is projected to inch up over the next several years. With Ashton Carter as defense secretary, the […]
Spending Bills Clear Congress, Despite Delays
After more than a few budget antics this weekend, both the FY15 National Defense Authorization Act (NDAA, H.R. 3979) and FY15 Omnibus (H.R. 83), or “Cromnibus,” have cleared Congress.
The House and Senate Armed Services Committees completed behind-the-scenes negotiations on the NDAA on December 1st then moved on to a vote in the House on December 5th, where the bill passed 300-119. On December 12th, the Senate lent its approval to the bill by a vote of 89-11, marking the 53rd consecutive NDAA approved by Congress.