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Numbers of the Day May 13, 2026 · 1:02 am ET Source: NYT Politics

CBO Prices the Golden Dome — Congress Holds the Ledger

$1.2T
CBO estimate for Trump's proposed missile defense system

The Congressional Budget Office finds that 60 percent of that figure — roughly $720 billion — would go toward space-based interceptors that do not yet exist as operational technology. The last time a president asked Congress to fund a missile defense architecture built on unproven space systems, it was Reagan's Strategic Defense Initiative in 1983; Congress never appropriated the full request and the program spent decades as a budget negotiation rather than a deployed shield. The constitutional question is the same now as it was then: Article I gives the power of the purse to the legislature, and a $1.2 trillion commitment to hardware that exists mainly in proposal form is precisely the kind of open-ended executive wish list that appropriations authority was designed to discipline.

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