Rapid Fire July 26, 2012 – CBO to DoN: Get Real

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Spending above the waterline The CBO(Congressional Budget Office) analyzed [PDF] the latest long-term shipbuilding plans of the US Navy and thinks that despite lowering the number of ships they intend to procure, the DoN is significantly underestimating how much their plan will cost. CBO’s estimate of $20 billion/year for new-ship construction is about 40% above […]

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