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The U.S. Coast Guard Spent $7 Billion... Monday, August 22, 2011 - Gloria Koss Home >> Headlines >> Defense and Security   
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...and Has Two Ships to Show for It!
10 years ago, the Coast Guard was guaranteed $17 billion dollars to purchase or re-outfit 250 ships over a period of 25 years. After spending $7 billion, there are two completed ships. There are supposed to be at least eight. (source: gizmodo.com)
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