The Congressional Budget Office is out with another cost estimate on a bill that would affect veterans programs and benefits. The Veterans Housing and Employment Improvement Act of 2005 would include readjustment benefits, housing, and employment programs. CBO estimates that the bill, if enacted, would cost $1 million in Fiscal 2006 and an estimated $140 million between 2006 and 2010. Enacting the bill would increase direct veteran spending by less than $500,000 in 2006, $2 million between 2006 and 2010 and less than $500,000 between 2006 and 2015.
Lockheed Martin projects more than a billion dollars of losses on a classified program, but company officials said April 23 they are confident it will turn profitable by 2028 and become a "franchise" system in the U.S. military.