The Long-Term Implications of Current Defense Plans: Summary Update for Fiscal Year 2004
CONGRESSIONAL BUDGET OFFICE (U S CONGRESS) WASHINGTON DC
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Decisions about national defense that are made today can have long-lasting effects on the composition of U.S. armed forces and on the budgetary resources needed to support them. For example, programs to develop weapon systems often last a decade or more before the systems are fielded, and policy decisions about such matters as military pay and benefits can have long-term implications. In January 2003, the Congressional Budget Office CBO published a study called The Long-Term Implications of Current Defense Plans in which it projected the resources that might be needed each year through 2020 to carry out the defense plans contained in the Bush Administrations 2003 Future Years Defense Program FYDP. Since then, the Department of Defense DoD has prepared a new FYDP reflecting changes that have been made to the departments programs and priorities in the past year. This paper updates CBOs January 2003 long-term projections to be consistent with the plans contained in the 2004 FYDP.
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