US space-based missile defense could cost $542 billion, CBO says

House hearing on missile defense

Monday, May 5, 2025On April 30, 2025 the House Armed Services strategic forces subcommittee held a hearing on missile defense and missile defeat programmatic updates. Includes the opening statement of subcommittee Chairman Scott DesJarlais (R-TN) as well as the prepared testimony of U.S. Northern Command and North American Aerospace Defense Command Commander Gen. Gregory Guillot; Missile Defense Agency Director Lt. Gen. Heath Collins; Army Space…

US space-based missile defense could cost $542 billion, CBO says

CBO's Swagel: US Debt Ceiling Deadline Expected Late Summer, But Could Come Forward

Director of the United States (US) Congressional Budget Office (CBO) Phillip Swagel noted on Monday that while US revenue projections are holding steady, the next iteration of the US’s routine debt ceiling showdown could be pushed forward if government spending and revenue conditions deteriorate. Key highlights I still see late summer for the debt-ceiling x-date. The US still has the trust of global investors. US revenues are coming in line wit…