Debt-for-Product: Meeting Foreign Military Sales and Strategic and Critical Materials Stockpile Requirements
Abstract
Current United States budget deficits and other fiscal pressures seriously impact the national security interests of the United States by placing at risk critical national defense programs. Two of these programs are the Security Assistance Program (SAP) and the Strategic and Critical Materials Stockpile Program (SCMSP). This study provides an analysis of SAP and SCMSP budgetary requirements and financing options. It suggests that, in spite of bugetary constraints, a debt-for-product financing option may offer each program complementing resources that could sustain both programs' vitality. Congressional budgetary constraints limit the programs to partial and inadequate funding. This partial funding prevents the programs from meeting their objectives and places at risk the country's national security. National security program planners must evaluate creative financing mechanisms for national security programs. A debt-for-product financing option would allow the program planner to supplement SAP and SCMSP funding.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 05, 1991
- Accession Number
- ADA235760
Entities
People
- Isiah Moore Jr.
Organizations
- United States Army War College