Dec 12, 2024 · CBO analyzes the Department of Defense’s plans for 2025 to 2029 as presented in the 2025 Future Years Defense Program. Under those plans, CBO projects, defense costs would increase by 11 percent between 2029 and 2039.

At a Glance The Future Years Defense Program (FYDP) is a five-year plan that the Department of Defense (DoD) prepares as part of its annual budget request. In this report, the Congressional Budget Office analyzes the costs of DoD’s plans for 2025 to 2029 as presented in the 2025 FYDP and projects how those plans would affect defense costs through 2039.

Sep 14, 1987 · budget were the gross national product of a country, defense would be the eighth largest country in the free world. The national defense budget pays the salaries of 3.3 million full-time employees, military and civilian, plus another 1.1 million part-time military reserves; they work at some 5,000 locations worldwide. Each day the defense ...

In most years, the Department of Defense (DoD) produces a five-year plan, called the Future Years Defense Program (FYDP), that is associated with the budget it submits to the Congress. The 2024 FYDP, issued in May 2023, comprises DoD’s request for appropriations in 2024 and a series of planned budgets for 2025 through 2028.

Nov 20, 2024 · Roughly one-quarter of the Department of Defense’s budget is for military personnel. CBO examines the budgetary implications of different approaches to compensating military personnel, including possible changes in the structure of cash payments, health benefits for military personnel and their family members, and health benefits for retirees.

Dec 12, 2024 · DoD's request represents 49 percent of all proposed discretionary funding requested for that year. In its analysis of the long-term implications of the 2025 defense budget, the Congressional Budget Office projects that, under DoD's current plans, funding for defense programs would be $1,093 billion in 2034 (or $921 billion in 2025 dollars).

Nov 14, 2012 · For fiscal year 2013, the Department of Defense (DoD) requested about $150 billion to fund the pay and benefits of current and retired members of the military. That amount is more than one-quarter of DoD’s total base budget request (the request for all funding other than for military operations in Afghanistan and related activities).

Mar 28, 2023 · The federal deficit in 2022 was $1.4 trillion, equal to 5.5 percent of gross domestic product, almost 2 percentage points greater than the average over the past 50 years.

Jan 17, 2025 · The Congressional Budget Act of 1974 requires CBO to produce an annual report on federal spending, revenues, and deficits or surpluses. This document provides answers to questions about how CBO prepares those baseline budget projections.

Jan 6, 2025 · About one-sixth of federal spending goes to national defense. CBO estimates the budgetary effects of legislation related to national security and assesses the cost-effectiveness of current and proposed defense programs. CBO also analyzes federal programs and issues related to …