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Long-Term Implications of the 2013 Future Years Defense Program

Long-Term Implications of the 2013 Future Years Defense Program

  • “In most years, the Department of Defense (DoD) provides to the Congress a five-year plan, called the Future Years Defense Program (FYDP), along with its budget request for the coming year. Because decisions made in the near term can have consequences for the defense budget well beyond that period, CBO regularly examines the plans in DoD’s FYDP and projects their budgetary impact over the long term. This study analyzes the budgetary impact of the 2013 FYDP, which covers fiscal years 2013 to 2017, through 2030. CBO projects that DoD’s plans will cost $123 billion, or 5 percent, more to execute through 2017 than DoD estimates. CBO also projects that the cost of DoD’s plans will exceed the limits established in the Budget Control Act.”
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