Blog purpose

This BLOG is for LLNL present and past employees, friends of LLNL and anyone impacted by the privatization of the Lab to express their opinions and expose the waste, wrongdoing and any kind of injustice against employees and taxpayers by LLNS/DOE/NNSA. The opinions stated are personal opinions. Therefore, The BLOG author may or may not agree with them before making the decision to post them. Comments not conforming to BLOG rules are deleted. Blog author serves as a moderator. For new topics or suggestions, email jlscoob5@gmail.com

Blog rules

  • Stay on topic.
  • No profanity, threatening language, pornography.
  • NO NAME CALLING.
  • No political debate.
  • Posts and comments are posted several times a day.

Monday, January 6, 2014

Nuclear Spending : $355 Billion over Next 10 Years

Weapons Complex Monitor January 6, 2014 CBO Estimates Nuclear Spending at $355 Billion over Next 10 Years Maintaining and modernizing the nation’s nuclear deterrent over the next 10 years is likely to cost about $355 billion, $141 billion more than the Obama Administration suggested in 2011, according to a nonpartisan Congressional Budget Office report released in late December. The report also notes that other nuclear-related activities, like nonproliferation, nuclear dismantlement, missile defense, and nuclear cleanup, are likely to add another $215 billion more to the estimated price tag over the next decade. In 2011, the Administration said that it would need $214 billion to maintain and modernize its nuclear deterrent over the next decade, which included costs for delivery vehicles as well as nuclear warheads and associated infrastructure. Congress asked the Congressional Budget Office to assess the cost of maintaining the nuclear deterrent over the next 10 years, and the CBO delivered its report shortly before Christmas. The CBO found that DOE’s portion of maintaining and modernizing the deterrent would cost about $105 billion over the next 10 years, of which about $77 billion would be needed for work on the nuclear weapons enterprise. The Department of Defense’s share of the nuclear costs would be about $191 billion. However, the budget office said “if costs to modernize weapons and delivery systems and to construct new nuclear facilities continued to grow as they have historically” it would take another $59 billion over the next decade to maintain the deterrent. DOE’s share of the increase would be $29 billion, while DOD’s share would be $30 billion. CBO noted that much of the cost to modernize the nation’s warheads, weapons complex and fleet of delivery systems would take place outside the 10-year window that it examined, meaning that future costs could continue to increase. http://www.cbo.gov/sites/default/files/cbofiles/attachments/12-19-2013-NuclearForces.pdf

No comments:

Posts you viewed tbe most last 30 days