Friday, July 3, 2015

The Navy’s Scheme to Pay for a New Submarine Fleet

Nuclear-powered attack submarine USS Asheville (U.S. Navy photo.

By Iulia Gheorghiu
Beth Daley Impact Fellow POGO

June 30, 2015 - The Navy and the House and Senate Armed Services Committees are attempting an end-around the Navy budget by hiding the $90 billion cost of a new nuclear submarine fleet in an “off the books” account, according to a recent op-ed in Defense News.
The op-ed by William Hartung, Director of the Arms and Security Project at the Center for International Policy, and Erica Fein, Nuclear Weapons Policy Director at Women's Action for New Directions, echoes many of the concerns raised at the Project On Government Oversight. POGO has called for the Government Accountability Office to investigate whether Navy officials illegally lobbied for this fund.
Hartung and Fein write:
If the new submarine account is funded, it will simply drain resources from other, more urgent priorities like military readiness. Fortunately, there are clear fixes. The Congressional Budget Office estimates that moving from the planned buy of 12 subs to eight would free up $15.7 billion for other purposes over the next decade while still ensuring current deterrence requirements.

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