by Christopher Hellman and Travis Sharp The Senate Armed Services Committee (SASC) completed its markup of S. 1585, the FY2008 Defense Authorization bill, on May 25, 2007. The Administration submitted its FY2008 national defense request in February in two separate parts: a base budget of $507 billion and a war-related spending package of $141.8 billion to […]
The High Cost of a Low Priority Program: $18 Billion for Missile Defense in 2016
by Robert G. Gard and John Isaacs November 15, 2006 The Congressional Budget Office (CBO) estimates that spending for the missile defense system will peak at $18 billion in 2016, three years later than last year’s estimate due to further delays in the program, including $3 billion in “cost risks.” This new estimate is contained in […]
