"In most years, the Department of Defense (DoD) provides a five-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) regularly examines DoD’s FYDP and projects its budgetary impact over several decades. For this analysis, CBO used the FYDP provided to the Congress in March 2012, which covers fiscal years 2013 to 2017; CBO’s projections span the years 2013 to 2030..."
Monday, July 23, 2012
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