Defense spending and war funding : Budget Control Act : impacts and issues / Angelina Fleming, editor.

Format:

Book

Contributor:

Fleming, Angelina, editor.

Series:

Defense, security and strategy series.

Defense, security and strategies

Language:

English

Subjects (All):

United States. Department of Defense--Appropriations and expenditures.

United States.

United States. Budget Control Act of 2011.

Budget Control Act of 2011 (United States).

War--Economic aspects--United States.

War.

United States--Defenses--Economic aspects.

Physical Description:

1 online resource (117 p.)

Place of Publication:

New York : Nova Publishers, 2015.

Summary:

Enacted on August 1, 2011, the Budget Control Act (BCA) as amended sets limits on defense spending between FY2012 and FY2021 that are playing a significant role in the debate about the appropriate level of defense spending. Each year, if Congress enacts a spending level that exceeds BCA caps for the defense base budget, the President is required to sequester or levy across-the-board cuts to each type of defense spending to meet the BCA caps. These spending levels are sometimes referred to as revised or "sequester" caps. War-designated funding (for "Overseas Contingency Operations") is not subject to BCA caps. To help frame the choices about how to respond to the BCA revised or "sequester" caps on defense spending, this book explains congressional adjustments of the caps and Administration reactions; describes the Administration's position and DOD concerns; analyzes defense spending levels in the FY2016 annual budget resolution; places BCA caps in historical perspective; outlines different types of savings that could help comply with the caps; analyzes DOD's current plan for compliance, and describes budget uncertainties faced by DOD in responding to spending limits.

Contents:

DEFENSE SPENDING AND WAR FUNDING BUDGET CONTROL ACT IMPACTS AND ISSUES ; DEFENSE SPENDING AND WAR FUNDING BUDGET CONTROL ACT IMPACTS AND ISSUES ; Library of Congress Cataloging-in-Publication Data; CONTENTS ; PREFACE ; Chapter 1 DEFENSE SPENDING AND THE BUDGET CONTROL ACT LIMITS* ; SUMMARY ; DEFENSE SPENDING LIMITS AND THE BUDGET CONTROL ACT (BCA) ; Alternate Approaches to BCA Caps ; Congressional Choices ; ADAPTING TO BCA SPENDING LIMITS ; Raising Defense Spending Limits ; Lowering Long-term Defense Spending Plans ; Defense Spending Complies with BCA Caps for FY2012-FY2015

THE BCA SPENDING PATH AND THE FY2016 REQUEST The Story for DOD ; Defense Department Concerns ; THE FY2016 BUDGET RESOLUTION AND BCA CAPS ; Distinguishing between Base and OCO Funds ; Using OCO Funds As a Safety Valve ; FY2016 Budget Resolution and FY2016-FY2021 Caps ; BCA REVISED CAPS IN HISTORICAL PERSPECTIVE ; Buildups and Drawdowns in Defense Spending ; Trends in DOD Spending ; DIFFERENT TYPES OF SAVINGS ; Temporary or Short-Term Savings ; Designating Funds As OCO; Recurring Savings Affect Later Years ; Restraining Military Pay Raises and Compensation

Force Structure Savings Grow over Time Savings from Delay; The F-35 Joint Strike Fighter ; Savings Requiring Upfront Investments ; GAO Evaluation of Base Closure Savings ; CBO Assessment ; Efficiencies: Definitions and Concerns ; Concerns Raised About Efficiency Savings ; DOD's FY2013 Sequester Experience ; How Sequestration Works ; Predictions and Experience ; Flexibility Available to DOD to Mitigate Sequestration ; DOD'S PLAN FOR COMPLYING WITH BCA LIMITS ; DOD's Plan Emphasizes Modernization Cuts, Protects Support Activities ; Potential Changes in Army Force Structure

DOD's Approach to Modernization Cuts DOD Individual Weapon System Cuts under BCA Limits ; Operations and Maintenance: Readiness vs. Other Support ; UNCERTAINTIES FACING DOD ; CBO Projections of the Cost of DOD's Plan ; Rising Cost per Troop ; APPENDIX A. HOW BCA DEFENSE SPENDING LIMITS ARE SET ; APPENDIX B. RAISING BCA CAPS IN FY2013-FY2015 ; Congress Modifies BCA Defense Spending Limits ; American Taxpayer Relief Act ; The Bipartisan Budget Act ; APPENDIX C. DEFENSE PLANS PARTLY ADAPT TO BCA SPENDING LIMITS ; DOD's Reaction to BCA Caps Changes over Time

FY2013 Plan Achieves Half of BCA SavingsFY2014 Plan Adds Savings ; FY2015 Plan Trims Spending ; FY2016 Plan Rejects BCA Limits ; APPENDIX D. SELECTED BIBLIOGRAPHY OF WAYS TO REDUCE DEFENSE SPENDING ; End Notes ; Chapter 2 WAR FUNDING AND THE BUDGET CONTROL ACT: IN BRIEF ; SUMMARY ; DESIGNATING WAR FUNDING TO MEET SPENDING CAPS ; Congressional Action ; Administration Position ; Potential Implications ; DESIGNATING BASE BUDGET FUNDS AS OCO ; THE IMPACT OF MAINTAINING BCA DEFENSE CAPS ; DISTINGUISHING WAR FUNDING AND "ENDURING PRESENCE" NEEDS ; End Notes ; INDEX

Notes:

Includes index.

Description based on print version record.

ISBN:

1-63483-740-1