US To Spend Over $1 Trillion On Nuclear Arsenal Over Next 30 Years
WASHINGTON (CBS DC) – The United States is estimated to spend over $1 trillion over the next thirty years on upgrades and maintenance of its nuclear arsenal.
The report from the James Martin Center for Nonproliferation Studies (CNS) released Tuesday finds that the US will likely spend over $1 trillion during the next three decades to maintain its current nuclear arsenal and purchase new, replacement systems. The defense budget needed will peak to levels comparable to the Reagan-era build-up of nuclear forces, the report states.
Specific concern is given to the replacement of systems set to begin expiring in 2030. US plans from 2024-2029 include the construction of five strategic submarines, 72 strategic bombers, and 240 intercontinental ballistic missiles (ICBMs).
The planned amount of nuclear delivery vehicles is greater than that of China, the United Kingdom and France combined – although vast budget concerns remain.
“The strategic and financial challenges facing our country are enormous,” Jon Wolfsthal, CNS Deputy Director and former nuclear advisor to Vice President Joseph Biden, writes in the report. “Policy makers lack the basic information needed to make smart choices about our nuclear arsenal, putting both our deterrent and future reductions at risk.”