Revitalizing Shipbuilding by Expanding Warship Orders

USS Abraham Lincoln (L), and JS Kongo (front), sail in formation during a U.S.–Japan bilateral exercise at the Sea of Japan on April 12, 2022. Japan Maritime Self-Defense Force via AP

Commentary

The big, beautiful reconciliation bill passed by the House and now with the Senate, includes $150 billion in defense spending. This is an outstanding opportunity to gain escape velocity from normal defense budget processes and buy and build above what we would have otherwise.