Long-Term Implications of the 2011 Future Years Defense Prog

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Long-Term Implications of the 2011 Future Years Defense Program
by Douglas Elmendorf
In most years, the Department of Defense (DoD) provides a five- or six-year plan, called the Future Years Defense Program (FYDP), associated with the budget it submits to the Congress. Because decisions made in the near term can have consequences for the defense budget well beyond that period, CBO—at the request of the Senate Budget Committee—has examined the programs and plans contained in DoD’s most recent FYDP (issued in April 2010) and projected their budgetary impact in subsequent years. The FYDP covers the fiscal years 2011 through 2015, and CBO’s projections span the period from 2011 through 2028. The results of that analysis are presented in a study released today, the latest in an annual series that CBO has published over the past eight years.
http://cboblog.cbo.gov/?p=1833