Multiple outlets report that a U.S. budget watchdog analysis estimates President Donald Trump’s proposed “Golden Dome for America” missile-defense program would cost about $1.2 trillion over the next 20 years. The figure is substantially higher than the original price tag Trump and supporters previously cited, reported as $175 billion. NPR, BBC, PBS NewsHour, CBC, Bloomberg, and other outlets attribute the estimate to a Congressional Budget Office (CBO) analysis or CBO-related reporting released for the program. Bloomberg further reports that the estimate is about six times higher than current forecasts and notes that even at that scale the system would still likely be unable to stop an all-out attack. Gizmodo adds that Congress has allocated $24 billion so far, indicating limited early funding compared with the projected total cost. Overall, the coverage centers on the CBO estimate and the wide gap between the initial announced cost and the longer-term deployment and operating expenses calculated for the program.
Watchdog estimates Trump’s “Golden Dome” missile defense would cost up to $1.2 trillion
Multiple outlets report that a U.S. budget watchdog analysis estimates President Donald Trump’s proposed “Golden Dome for America” missile-defense program would cost about $1.2 trillion over the next...
- U.S. watchdog (cited as the Congressional Budget Office) estimates “Golden Dome for America” would cost about $1.2 trillion over 20 years.
- The $1.2 trillion estimate is far higher than an initial $175 billion price figure previously cited for the program.
- Reporting describes the plan as a missile-defense system involving weapons in space.
- One outlet (Gizmodo) reports Congress has allocated $24 billion so far.
- Some coverage (Bloomberg) says even at projected cost, the system would still likely fail to stop an all-out attack.
The official leading President Donald Trump’s Golden Dome contested an estimate that the highly secretive missile defense shield would cost six times more than forecast, raising questions around the true price tag of the administration’s project.
3 months agoThe project’s critics have compared it to Reagan’s failed “Star Wars” initiative.
3 months agoCongress has only allocated $24 billion so far.
3 months agoA Congressional Budget Office analysis suggests the cost of the missile defense program could be $1.2 trillion over the next 20 years, a far heftier sum than the initial $175 billion price tag.
3 months agoThe U.S. Golden Dome is envisioned to include ground- and space-based capabilities able to detect, intercept and stop missiles at all major stages of a potential attack
3 months ago
Air travel guide collection covers planes, airport hotels and lounges
The publication presents a special guide collection focused on air travel and what readers need to know. It highlights t...
Trump signs emergency order restricting foreign energy equipment on U.S. electric grids
President Donald Trump signs an emergency executive order that restricts the acquisition, importation, transfer, or inst...
Andy Burnham begins first official visit to Northern Ireland as prime minister
British prime minister Andy Burnham arrives in Northern Ireland for his first official visit as prime minister. Multiple...