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Budget

A 1,000-Warhead Arsenal Could Slash U.S Deficit by $13 Billion Over Two Decades, CBO Says

Thursday, December 13th, 2018

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A 1,000-Warhead Arsenal Could Slash U.S Deficit by $13 Billion Over Two Decades, CBO Says

USA flag and American dollars. American flag blowing in the wind and 100 dollars banknotes in the background.

The United States could shave about $13 billion off the federal deficit over about 20 years by slashing some 500 warheads from the nation's nuclear arsenal, the nonpartisan federal Congressional Budget Office said Thursday.The suggestion was only one of many money-saving ideas in the biennial Options for Reducing the Deficit report, which this year covers fiscal 2019 through fiscal 2028. The 326-page report casts a wide net, including mandatory spending on social safety nets and both defense- and non-defense discretionary…

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]