Future Years Defense Program: Optimistic Estimates Lead to Billions in Overprogramming
Abstract
We are pleased to be here today to discuss our July 1994 report on the Department of Defense's (DOD) Future Years Defense Program (FYDP). Our report stated that DOD had included more programs in its 1995-99 FYDP than future spending plans could support and that the amount overprogrammed could exceed $150 billion. Since that time, the President and DOD have agreed to changes that could correct some of the imbalance between programs and available funds.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 19, 1995
- Accession Number
- AD1154446
Entities
People
- Henry L. Jr Hinton
Organizations
- United States Government Accountability Office