LONG-TERM IMPLICATIONS OF THE 2012 FUTURE YEARS DEFENSE PROGRAM
"In most years, the Department of Defense (DoD) provides a five- or six-year plan, called the Future Years Defense Program (FYDP), associated with the budget that it submits to the Congress. Because decisions made in the near term can have consequences for the defense budget well beyond that period, the Congressional Budget Office (CBO) has examined the programs and plans contained in DoD’s FYDP and projected their budgetary impact in subsequent years. For this analysis, CBO used the FYDP provided to the Congress in April 2011, which covers fiscal years 2012 through 2016—the most recent plan available when this analysis was conducted. CBO’s projections span 2012 through 2030..."
Wednesday, July 6, 2011
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