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Costs of Storing US Nuclear Weapons Rising $4.4Bln More Than Planned

Sputnik — 05.03.2016

The cost of storing and safeguarding all US nuclear weapons from 2021 through 2025 will be $4.4 billion higher than previously estimated, the Government Accountability Office (GAO) announced in a report.

The US National Nuclear Security Administration (NNSA) has stated that the cost will need to be addressed as part of fiscal year 2017 programming, the GAO pointed out.

“The ‘Fiscal Year 2016 Stockpile Stewardship and Management Plan’ includes estimates for 2021 through 2025 that are $4.4 billion higher than the same time period… for funding levels that were included in a joint report by the Department of Defense and Department of Energy,” the report, released on Friday, said.

Budget estimates for safeguarding the US nuclear stockpiles over the next 25 years increased by 13.2 percent over the nominal values in the fiscal year 2015 plan, the report noted.

The NNSA fiscal year 2016 estimates for efforts related to modernizing the US nuclear weapons stockpile total $297.6 billion for the next 25 years, the report added.

March 6, 2016 - Posted by | Economics, Militarism, Progressive Hypocrite |

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