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Tuesday, April 21, 2015

Congress Adds Cash to Special Account to Build New Nuclear Submarines

Ohio class SSBNCongress plans to add money into a special fund established this year for the purpose of paying for the Navy's next-generation, nuclear-armed ballistic missile submarines, the Ohio Replacement Program.

The 2015 National Defense Authorization Act established the National Sea-Based Deterrence Fund as an account created specifically to fund the program; however, it did not receive funding in the initial budget request.

Rep. Randy Forbes, R-Va., chairman of the House Armed Services Committee Seapower and Projection Forces subcommittee, told Military.com that his Congressional subcommittee will add money to the fund as part of its current mark-up of the 2016 defense bill.

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