Assessing the implications of policy options for the military personnel budget : an analytic framework for evaluating costs and trade-offs / Matthew Walsh, Thomas Light, Raymond E. Conley.

Format:

Book

Author/Creator:

Walsh, Matthew M., author.

Light, Thomas (Economist), author.

Conley, Raymond E., author.

Language:

English

Subjects (All):

Budget--United States.

Budget.

Fiscal policy--United States.

Fiscal policy.

Armed Forces--Appropriations and expenditures--Evaluation.

Armed Forces--Personnel management.

Armed Forces--Salaries, etc.

United States.

United States. Air Force--Pay, allowances, etc.

United States. Air Force--Appropriations and expenditures--Evaluation.

United States. Air Force--Personnel management.

United States. Air Force.

Other Title:

Assessing the Implications of Policy Options for the Military Personnel Budget

Place of Publication:

RAND Corporation 2023

Summary:

Since 2000, spending on military personnel (MILPERS) has grown at an average annual rate of 3.3 percent to approximately 6 billion in 2021. This outpaced growth in prices in the overall economy, which averaged 1.9 percent per year for the same period. To ensure a ready workforce without undercutting modernization efforts, the U.S. Department of the Air Force (DAF) must explore options to maximize MILPERS affordability. At the same time, it must consider the nonmonetary trade-offs and risks that these options entail. A new analytic framework allows users to view savings, trade-offs, and risks of different solution options alongside one another.

Contents:

Drivers of MILPERS Spending

Historical and Cross-Service Analysis of MILPERS Spending

Analytic Framework for Evaluating Implications of MILPERS Affordability Efforts

Application of the Analytic Tool.