Just another Reality-based bubble in the foam of the multiverse.

Saturday, August 19, 2006

Inflation

Major arms soar to twice pre-9/11 cost
Systems to have little direct role in terror fight

By Bryan Bender, Globe Staff | August 19, 2006

WASHINGTON -- The estimated costs for the development of major weapons systems for the US military have doubled since September 11, 2001, with a trillion-dollar price tag for new planes, ships, and missiles that would have little direct role in the fight against insurgents in Afghanistan and Iraq.

The soaring cost estimates -- disclosed in a report for the Republican-led Senate Budget Committee -- have led to concerns that supporters of multibillion-dollar weapons programs in Congress, the Pentagon , and the defense industry are using the conflicts and the war on terrorism to fulfill a wish-list of defense expenditures, whether they are needed or not for the war on terrorism.

The report, based on Defense Department data, concluded that the best way to keep defense spending in check in the coming years lies in ``controlling the cost of weaponry," especially those programs that the Pentagon might not necessarily need.

The projections of what it will cost to acquire ``major weapons programs" currently in production or on the drawing board soared from $790 billion in September 2001 to $1.61 trillion in June 2006, according to the congressional analysis of Pentagon data.

Costs for some of the most expensive new weapon systems -- such as satellite-linked combat vehicles for ground troops; a next-generation fighter plane ; and a cutting-edge, stealth-technology destroyer for the Navy -- are predicted to cost even more by the time they are delivered, because many of them are still in their early phases. In a quarterly report to Congress on weapons costs earlier this month, the Pentagon reported that of the $1.61 trillion it thinks it will need for big-ticket weapons, it has spent more than half so far -- about $909 billion.

But the huge increase in weapons costs is already placing enormous strain on the federal budget, according to government budget specialists, who predict major increases in defense spending for years to come so that the Pentagon can afford all the weapons it has on the books. The nonpartisan Congressional Budget Office, for example, estimates that between 2012 and 2024 the Pentagon budget will have to grow between 18 percent and 34 percent over what was appropriated this year...


The tail is quite a bit larger than the dog, and appears to have developed an appetite for wagging all its own.

Why we fight [a 32.7 MB .ram file, requires RealPlayer or equivalent].

No comments: