Tag: Greg Mello

Congressional Budget Office: US Nuclear Forces To Cost $1.2 Trillion over 30 Years

PRESS RELEASE from THE LOS ALAMOS STUDY GROUP – On Oct. 31, the Congressional Budget Office (CBO) released its 73-page [analysis] of the future costs of maintaining and modernizing US nuclear weapons, entitled “Approaches for Managing the Costs of U.S. Nuclear Forces, 2017 to 2046.”[1][1] The total cost estimated by CBO was $1.242 trillion (T), of which $800 billion (B) is estimated as necessary to maintain and operate planned forces. The remainder ($400 B) is CBO’s estimate of the cost to modernize these forces. According to CBO, it will cost $4.6 million (M) per hour, 24/7, to keep US nuclear forces for the next 30 years.