A new Congressional Budget Office (CBO) report states that the size of the U.S. Navy’s submarine fleet is likely to exceed shipyards’ capacity to maintain the vessels in 25 to 30 years.
MoreThe U.S. Air Force (USAF) will move to decommission 17 of its 62 B-1B Lancer bombers to pave the way for fleet modernization efforts and help maintainers focus more on each of
MoreA new Congressional Budget Office (CBO) report says countries with large militaries, nonstate groups and other adversaries could use land-attack cruise missiles (LACM) to launch attacks against the U.S. and lowest-cost architectures
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A new Congressional Budget Office (CBO) report says the rate at which new companies formed or entered the market dropped from 10 percent in 1982 to 8 percent in 2018. CBO said
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The federal budget deficit for the 2020 fiscal year ended on Sept. 30th reached $3.1 trillion, more than three times higher than the prior-year period’s shortfall, according to a new Congressional Budget
MoreA new Congressional Budget Office (CBO) report says that the cost of the U.S. Navy’s future fleet of 10 FFG(X) frigates could total $12.3 billion or $1.2 billion per ship in 2020.
MoreA new Congressional Budget Office (CBO) report says the Department of Defense (DoD) could incur $410 billion to $439 billion in onetime costs if the U.S. government decides to expand its strategic nuclear forces to
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A Congressional Budget Office (CBO) report has found that increasing the Internal Revenue Service’s (IRS) funding by $40 billion over the next decade could lead to a $63 billion decrease in deficit,
MoreA new Congressional Budget Office report says the creation of a Space National Guard with approximately 1,500 personnel to support the U.S. Space Force would result in approximately $100 million in additional operations and
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The Congressional Budget Office (CBO) said the U.S. is likely to see through fiscal year 2030 a reduction of approximately $7.9 trillion in nominal gross domestic product adjusted for inflation due to
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