Tag Archives: CBO

CBO: Nuclear Forces Expansion in Response to New START Pact’s Expiration Could Cost DoD Up to $439B

Nuclear Forces Expansion

A 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 the START I treaty levels in response to the expiration of the new Strategic Arms Reduction Treaty with Russia.

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CBO: DHS Requires $44M for Proposed Bug Bounty Program

The Congressional Budget Office said the Department of Homeland Security's potential bug bounty program would require $44M to implement, Fedscoop reported Monday. A proposed bill, known as the Cybersecurity Vulnerability Remediation Act, would task DHS to gather bug information via a bounty program.

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CBO Estimates DoD Spending to Reach $776B by 2034

The Congressional Budget Office released a report stating that the Department of Defense’s projected $718B spending from 2020 to 2024 would increase to $776B or 13 percent by 2034. CBO assessed DoD’s Future Years Defense Program which includes the department’s projected costs for programs within a five-year period.

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CBO Predicts Pentagon May Spend More on Space Force Than Reported

The Congressional Budget Office estimates that the federal government may spend up to $3 billion in taxpayer money and add $1.3 billion to the Pentagon’s annual budget to establish and run President Trump’s proposed Space Force. The figure comes from CBO’s newly-released analysis of the personnel requirements and costs of proposed military space organizations. Defense officials have said the Space Force would cost nearly $2 billion over the next five years and require $500 million annually to operate. 

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Officials Look for Military Overseas Operations Funding to Boost DoD Budget

Officials from the Congressional Budget Office said the proposed use of the Pentagon’s overseas contingency operations funds to avoid another defense budget cap might disrupt the agency's longer-term budget planning, Federal News Network reported Friday. Sen. Tim Kaine, D-Va., said OCO covers 73 percent of budget cap adjustments since 2013 and the 14 percent increase in the funding for the Department of Defense since 2012.

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Pentagon’s Base-Budget Costs Projected to Climb Through 2033

The Congressional Budget Office projects that the Pentagon’s 2019 Future Years Defense Program is leading to a significant increase in the agency’s base-budget costs into the early 2030's. In a report released Wednesday, CBO said the figure could increase from the agency’s request of $617B for 2019 to $735B in 2033. In April, the Department of Defense released the 2019 FYDP detailing the expectations about the planned costs from 2019 to 2023. 

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