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Missile Defense Costs Projected To Rise; Peak Outlay In 2018 Up $1 Billion Over Year-Earlier

CBO Sees Missile Defense Annual Outlays Up About $4 Billion Killing European Missile Defense Would Save $4 Billion Yearly Spending on ballistic missile defense (BMD) programs will peak at about $17 billion in the fiscal year ending Sept. 30, 2018, which is about $1 billion more than an estimate a year ago, the Congressional Budget Office (CBO) estimated in a new report to Congress. Current outlays are roughly $10 billion yearly. That extra $1 billion in the 2018 projection was…

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Congress Updates

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