Debt-for-Product: Meeting Foreign Military Sales and Strategic and Critical Materials Stockpile Requirements
Military studies project. 8 Aug 1990-5 Apr 1991
ARMY WAR COLL CARLISLE BARRACKS PA
Pagination or Media Count:
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 countrys 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.
- Government and Political Science