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View Full Version : Pentagon needs $12.6 billion per year through 2037 for F-35



Cigar
03-12-2013, 11:02 AM
Pentagon needs $12.6 billion per year through 2037 for F-35: Report.

WASHINGTON (Reuters) - The Pentagon needs to budget $12.6 billion each year through 2037 to finish developing and paying for all the Lockheed Martin Corp F-35 fighters it plans to buy, according to a report released by a congressional watchdog agency on Monday.

This amounts to $2 billion more in projected annual funding needs than the Government Accountability Office (GAO) had included in a draft report obtained and published by Reuters on Saturday.

The draft report excluded the cost of the fighter's single engine, which is built by Pratt & Whitney, a unit of United Technologies Corp, said Joe DellaVedova, a spokesman for the Pentagon's F-35 program office.

The report said the Pentagon was expected to shell out $316 billion through 2037 on the remaining development and purchase of the radar-evading warplane, on top of billions of dollars already spent, for a total program cost of around $400 billion.


The rest: http://finance.yahoo.com/news/pentagon-needs-12-6-billion-222706531.html

So let's cut social security, medicare, & food-aid to children struggling to survive instead.

I mean ... who exactly is the US Air-force going to Dog-Fight with those F-35s two decades from now ... Iran, China ... North Korea ?

Mainecoons
03-12-2013, 11:03 AM
Your incompetent government at work. Shall we hire some more of them and raise taxes?

simpsonofpg
03-12-2013, 01:12 PM
They don't need the planes, we have have done the whole war in the middle East with the plances from WWII. This is about kick backs and pay back to congress and the generals. the military is very necessary and I appreicate their service but they do not run the money side of the business very well.

Cigar
03-12-2013, 01:58 PM
Your incompetent government at work. Shall we hire some more of them and raise taxes?

This may come as a big surprise to you, but our Government doesn't build Jets ...

killianr1
03-12-2013, 02:24 PM
Today, the CBO released new projections from 2013 extending through 2022, and the results are as critics expected: the ten-year cost of the law's core provisions to expand health insurance coverage has now ballooned to $1.76 trillion.


I have an idea let's take all the money we are going to save on the "Affordable" health care act to use for our protection.

“President Obama promised a joint session of Congress in 2009 to spend $900 billion over ten years on his health care law:
‘Now, add it all up, and the plan that I’m proposing will cost around $900 billion over 10 years.’

Barack Obama
http://www.theblaze.com/stories/2012/07/11/estimated-cost-of-obamacare-is-now-2-6-trillion-nearly-1-7-trillion-more-than-obama-promised/

Opps nevermind,someone's finger slipped on the calulator

Mainecoons
03-12-2013, 02:25 PM
That's not all.

http://news.yahoo.com/ap-exclusive-applying-health-care-not-easy-171510320.html

Nice work, ObamaFools.

nic34
03-12-2013, 02:38 PM
I have an idea let's take all the money we are going to save on the "Affordable" health care act to use for our protection.

“President Obama promised a joint session of Congress in 2009 to spend $900 billion over ten years on his health care law:

Barack Obama
http://www.theblaze.com/stories/2012/07/11/estimated-cost-of-obamacare-is-now-2-6-trillion-nearly-1-7-trillion-more-than-obama-promised/

Opps nevermind,someone's finger slipped on the calulator

We've already been over this kiddies:

Conservative media are parroting a Republican claim that a federal report says health care reform increases the long-term deficit. In fact, the report says that the deficit would only increase if cost containment measures in the bill were phased out over time, and found that the deficit would decrease if those measures were maintained.

http://mediamatters.org/research/2013/02/26/conservative-media-echo-misleading-gop-claim-on/192809

nic34
03-12-2013, 02:39 PM
That's not all.

http://news.yahoo.com/ap-exclusive-applying-health-care-not-easy-171510320.html

Nice work, ObamaFools.

Then don't apply. You can keep the healthcare you have.

Not that it matters to you on Medicare...

littlejohn
03-12-2013, 02:42 PM
I would be happy to see a defense proposal that is focused on defense. As i see it, "defense" has become an overloaded expression to include weapons needed to advance our ideology , weapons needed to control regions in support of commerce and trade, weapons needed to police the globe and bottle up the bad guys ( N. Korea)
in other words, most everything we do inolves pointing a gun at somebody...in short , what would it take to simply defend ourselves credibly (if attacked) and stop all that other stuff ?
F35's ??

nic34
03-12-2013, 02:51 PM
As i see it, "defense" has become an overloaded expression to include weapons needed to advance our ideology

And never ending money (welfare) for defense contractors and security contractors (mercenaries) ... like Academi (Blackwater)...

killianr1
03-12-2013, 02:57 PM
Conservative media are parroting a Republican claim that a federal report says health care reform increases the long-term deficit. In fact, the report says that the deficit would only increase if cost containment measures in the bill were phased out over time, and found that the deficit would decrease if those measures were maintained.

http://mediamatters.org/research/201...laim-on/192809 (http://mediamatters.org/research/2013/02/26/conservative-media-echo-misleading-gop-claim-on/192809)

Media matters....really....really

http://www.mediaite.com/online/media-matters-writer-apologizes-after-accusing-drudge-of-posting-fake-trayvon-martin-photo/

http://frontpagemag.com/2012/jlaksin/media-matters-exposed/

http://mediamatters.blogsome.com/

http://www.newsrealblog.com/2010/01/29/media-matters-lies-again-this-time-about-obama-intimidating-supreme-court/

http://mmfafactcheck.blogspot.com/2010/12/mmfa-denies-reality-of-climate-gate.html

Really you want to quote Media Matters....really really. They are known not to be reputable often having to pull stories as they are not based on fact!