National Guard deployments to US cities cost almost half a billion dollars, says CBO
The Trump administration has already spent nearly $500 million on domestic National Guard deployments, with monthly costs being further broken down by the CBO.
The Trump administration has already spent nearly $500 million on domestic National Guard deployments, with monthly costs being further broken down by the CBO.
Follow on ships could cost anywhere from $9 billion to $13 billion per vessel if orders begin today, according to the Congressional Budget Office.
Auditors noted the recent reconciliation legislation provided $3.7 billion to the Coast Guard to procure additional aircraft.
The smaller SBI price tag enabled by the drop in launch costs could be offset by the need for a much larger number of satellites to fulfil Trump's Golden Dome plan, the Congressional Budget Office study caveats.
The Congressional Budget Office "estimates that total shipbuilding costs would average $40 billion (in 2024 dollars) over the next 30 years, which is about 17 percent more than the Navy estimates."
In this op-ed, Dustin Walker and Mackenzie Eaglen of AEI assert that the US will struggle to keep hitting 3 percent of GDP spending if the budget doesn't expand dramatically.
The Congressional Budget Office's report states the Coast Guard is working on its own new cost estimate for the heavy icebreaker program.
The increased cost compared to the previous year's shipbuilding plan was driven by the rising price in submarines.
F-35s are flying fewer hours and achieving lower readiness rates than earlier fighters did at comparable points in their service lives. In fact, the F-35A and F-35B variants are doing worse than they did in prior years.
The Super Hornets' performance also had unfavorable comparisons to other Navy and Air Force fleets.
In its annual report on Navy shipbuilding, the Congressional Budget Office's warned that "uncertainty about the ultimate size and capabilities of the next-generation destroyer suggests that its final cost could differ substantially from both the Navy’s and CBO’s estimates."
The military's decline in flight hours and aircraft availability has remained a hot topic for lawmakers for several years.
"There's no free money, right, so it has to come from somewhere," said Lt. Gen. Clinton Hinote, deputy chief of staff for strategy, integration and requirements.
The new report states the actual cost of the Navy's projected fleet could be 43% higher than historical congressional appropriations.