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Testimony by Eric J. Labs, Senior Analyst for Naval Forces and Weapons, before the Subcommittee on Seapower and Projection Forces, Committee on Armed Services, U.S. House of Representatives
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CBO estimates that the cost of the Navy’s 2016 shipbuilding plan—an average of about $20 billion per year (adjusted for inflation) over 30 years—would be $4 billion higher than the funding that the Navy has received in recent decades.
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As reported by the House Committee on Armed Services on May 5, 2015
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The Navy can sustain its forward presence under smaller shipbuilding budgets by using longer deployments, more overseas basing, and more rotating crews. But those methods would offset some of the savings and have other disadvantages.
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CBO estimates the Administration’s plans for nuclear forces would cost $348 billion over the next decade, close to last year’s estimate. However, projected costs for both the Departments of Defense and Energy have changed somewhat.
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Letter to the Honorable Tom Daschle regarding improving Russia's access to early-warning information
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