The U.S. needs to produce more SSBN subs, not cut back.
Why? Serious question. I was in the submarine service, so I am not against subs at all. They are the best naval weapon for preventing control of the oceans to an enemy force.
I think we should continue to create newer, better subs, but we do not need physically more ballistic subs...we have too many of them already. We have 14 Ohios (SSBN versions). Since only half are on patrol at any time, that makes 7 on patrol. Each one carries 24 ICMBs with a range of 4,573 miles minimum. Each missile carries 8 warheads of 100KT each...for a total of 188 warheads a submarine.
Basically, each submarine individually has the power to wipe out any nation on the planet with the exception of Russia and China. If we have only 3 on patrol, we can easily wipe out those two as well.
The cost of the subs outweighs the benefits of having so many. We can cut the fleet in half and still have more than we need. Especially considering their only purpose is to prevent another major power from invading the US. They ONLY work on major powers...minor powers do not care about them, and we would never use nukes on a minor power since our conventional forces are overkill for them.
EDIT: We need lots of fast attack subs...they are very useful, but boomers not so much.