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Projected Costs of U.S. Nuclear Forces, 2021 to 2030

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  • Congressional Budget Office

Abstract

If carried out, the plans for nuclear forces delineated in the Department of Defense’s and the Department of Energy’s fiscal year 2021 budget requests, submitted in February 2020, would cost a total of $634 billion over the 2021–2030 period, for an average of just over $60 billion a year, CBO estimates. That 10-year total is $140 billion, or 28 percent, higher than CBO’s most recent previous estimate of the 10-year costs of nuclear forces, $494 billion over the 2019–2028 period.

Suggested Citation

  • Congressional Budget Office, 2021. "Projected Costs of U.S. Nuclear Forces, 2021 to 2030," Reports 57130, Congressional Budget Office.
  • Handle: RePEc:cbo:report:57130
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    File URL: https://www.cbo.gov/system/files/2021-05/57130-Nuclear-Forces.pdf
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    Cited by:

    1. McKinley, Carla & Tannous, Speero M. & Hecla, Jake & Berliner, Aaron & Livingston, Morgan & Eng, Arnold & Gutterman, Jacob & Kennedy, Alexandra & Rose, Gregory & Senjaya, Stefanie, 2022. "Nuclear Policy Re(V)iew from the Periscope: SLBM and SLCM Policy Options for the 2022 Biden White House," SocArXiv w5b37, Center for Open Science.

    More about this item

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
    • L64 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Machinery; Business Equipment; Armaments
    • N40 - Economic History - - Government, War, Law, International Relations, and Regulation - - - General, International, or Comparative
    • N42 - Economic History - - Government, War, Law, International Relations, and Regulation - - - U.S.; Canada: 1913-
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
    • N62 - Economic History - - Manufacturing and Construction - - - U.S.; Canada: 1913-
    • N64 - Economic History - - Manufacturing and Construction - - - Europe: 1913-
    • N72 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - U.S.; Canada: 1913-
    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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