Tag Archives: CBO

CBO: Special Ohio Replacement Program Fund Could Save Up to $10 Billion Over Construction

CBO: Special Ohio Replacement Program Fund Could Save Up to $10 Billion Over Construction

USS Henry M. Jackson (SSBN-730) arrives home at Naval Base Kitsap-Bangor following a strategic deterrent patrol on May 5, 2015. US Navy Photo

USS Henry M. Jackson (SSBN-730) arrives home at Naval Base Kitsap-Bangor following a strategic deterrent patrol on May 5, 2015. US Navy Photo

WASHINGTON, D.C. — A fund established last year to break out the Ohio-class Replacement nuclear ballistic missile submarine (SSBN) from the Navy’s traditional shipbuilding budget could cut the $100 billion price tag for the 12 boomers by up to 10 percent, according to estimates from the Congressional Budget Office. Read More

Document: CBO Report on Cost of U.S. Nuclear Forces from 2014 to 2023

Document: CBO Report on Cost of U.S. Nuclear Forces from 2014 to 2023

USS Tennessee (SSBN 734) pulls away from its escort boats in transit to its dive point in 2013. US Navy Photo

USS Tennessee (SSBN 734) pulls away from its escort boats in transit to its dive point in 2013. US Navy Photo

The following is the Dec. 19, 2013 report from the Congressional Budget Office: Projected Costs of
U.S. Nuclear Forces, 2014 to 2023.

In its most recent review of U.S. nuclear policy, the Administration resolved to maintain all three types of systems that can deliver nuclear weapons over long ranges—submarines that launch ballistic missiles (SSBNs), land-based intercontinental ballistic missiles (ICBMs), and long-range bombers—known collectively as the strategic nuclear triad. 

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Document: CBO Report on Options for Reducing U.S. Deficit

Document: CBO Report on Options for Reducing U.S. Deficit

From the Congressional Budget Office report, Options for Reducing the Deficit: 2014 to 2023:

The Congress faces an array of policy choices as it confronts the dramatic increase in the federal government’s debt over the past several years and the prospect of large annual budget deficits and further increases in that debt that are projected to occur in coming decades under current law. Read More