United States Navy Virginia-class submarine USS North Carolina (SSN-777) arrived at Fleet Base West, Rockingham, Western Australia in August 2023 following participating in the international Talisman Sabre exercise. The nuclear-powered submarine was in Australia for a routine visit to provide respite for the crew (Photo: U.S. Navy)
A Congressional Budget Office (CBO) cost estimate report published Nov. 3 estimates a House bill allowing U.S. submarine sales to Australia would sell at $3 billion each and the overall effort would ultimately provide over $4.5 billion in deficit decreases.
The…