HOW MUCH WILL THE F-22 COST?
NARRATOR: If it’s true that the United States has no military need for the F-22 advanced aircraft, then building it would be a waste of money on an unprecedented scale. INTERVIEWER: Do you believe the estimates of the Pentagon for the cost of the F-22? Senator DeCONCINI: I believe they’re low, but I only say that based on historical experience and the CBO analysis that — INTERVIEWER: Congressional Budget Office. Senator DeCONCINI: Congressional Budget Office that says it’s going to be much more than that. It’s going to be over $100 billion and could be as high as 150, I believe they say. NARRATOR: Using an estimate of $150 million per plane, 100 F-22 planes would cost as much as it would take to rehabilitate 1,300,000 public housing units, about $15 billion. Furthermore, like most large weapons programs, the cost of the F-22 has risen consistently over the past five years. Mr. CAPACCIO: The early cost estimates were mid-80s. 1988, the General Accounting Office came down with a report:
