Assessing the Implications of Policy Options for the Military Personnel Budget: An Analytic Framework for Evaluating Costs and Trade-Offs
Abstract
Since 2000, spending on military personnel (MILPERS) has grown at an average annual rate of 3.3 percent to approximately $36 billion in 2021. This outpaced growth in prices in the overall economy, which averaged 1.9 percent per year for the same period. To ensure a ready workforce without undercutting modernization efforts, the U.S. Department of the Air Force must explore options to maximize MILPERS affordability. At the same time, it must consider the nonmonetary trade-offs and risks that these options entail. A new analytic framework allows users to view savings, trade-offs, and risks of different solution options alongside one another.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 17, 2023
- Accession Number
- AD1190620
Entities
People
- Matthew E. Walsh
- Raymond E. Conley
- Thomas Light
Organizations
- RAND Corporation