By J C Suresh
TORONTO | WASHINGTON, D.C. (IDN) – A new study throws limelight on the skyrocketing costs of the current plan to sustain and upgrade U.S. nuclear forces and outlines several pragmatic options to maintain a credible, formidable deterrent at less cost.
The Congressional Budget Office (CBO) study published on October 31 estimates that sustaining and upgrading U.S. nuclear forces will cost taxpayers $1.24 trillion in inflation-adjusted dollars between fiscal years 2017 and 2046. When the effects of inflation are included, the CBO expects the 30-year cost to exceed $1.5 trillion. These figures are significantly higher than the previously reported estimates of roughly $1 trillion.