Is a New Stealth Bomber a Smart Priority?

President Obama said during a Pentagon press briefing Thursday that the new Defense Department strategy for the 21st century is based on "smart, strategic priorities."

Buried in that strategy document is a line that calls for development of a new stealth bomber, which may be viewed as smart, but based on history, would be expensive.

The current stealth bomber -- the Northrop Grumman B-2 -- costs just under a billion dollars, and one shudders when contemplating what a new improved version will cost.