The Long-Term Implications of the Fiscal Year 2009 Future Years Defense Program: Detailed Update
Abstract
This presentation updates the analysis of defense plans contained in the Congressional Budget Office's (CBO's) March 2008 Web document The Long-Term Implications of Current Defense Plans: Detailed Update for Fiscal Year 2008 to account for changes incorporated in the President's budget for fiscal year 2009 and in the 2009 Future Years Defense Program (FYDP). The presentation provides additional data not found in CBO's January 2009 publication Long-Term Implications of the Fiscal Year 2009 Future Years Defense Program. Both of those documents respond to standing requests from the Senate Budget Committee. This presentation does not incorporate changes to the FYDP that have resulted from Congressional action on the President's 2009 budget request. (In particular, it does not display amounts appropriated for defense by the Congress for fiscal year 2009.) Nor does it incorporate changes to the defense program proposed by the Obama Administration and under consideration by the Congress as part of its action on the fiscal year 2010 defense budget. Charts in this detailed update use the concepts "steady state" and "half-life" to assess the Department of Defense's (DoD's) investment plans and weapon systems. Those concepts and how CBO estimates their values are explained more fully in Appendix A at the end of the presentation. The updated displays in this presentation differ in some instances from those in previous presentations. In some cases, CBO has altered the display format to include additional historical data; in other cases, it has revised its historical database of procurement quantities and funding, as well as its projections of the inventories of weapon systems that the military services plan to sustain. CBO also, in some instances, departs from previous presentations by using different color schemes for the displays.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2009
- Accession Number
- ADA515100
Entities
Organizations
- Congressional Budget Office