Friday, February 9, 2018

CBO Presentation - Prospects for DoD's Budget Over the Next Decade

Raleigh, NC
  1. slides. Top level assessment of DoD Budget and a very good analysis of the O&M Budget and its likely impact on the rest of the Defense Budget. This report is from the Congressional Budget Office...so draw your own conclusions. Its bottom line:

  • The end of the Budget Control Act may not reduce pressure on defense spending

  • Internal pressures on DoD’s budget from rising O&M and military personnel costs will:

Reduce the buying power of defense dollars by a few percentage

points every year (after removing the effects of inflation)

Reduce the amount of procurement and R&D that can be done

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