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Defense Spending And The Budget Control Act Limits
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Book Synopsis Defense Spending and the Budget Control Act Limits by : Amy Belasco
Download or read book Defense Spending and the Budget Control Act Limits written by Amy Belasco and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses the Budget Control Act, which sets limits on defense spending between fiscal years 2012 and 2021 and possible measures to avoid a sequester. The current debate in Congress has centered on whether to adjust the BCA defense caps upward; move base budget spending to accounts designated for Overseas Contingency Operations (OCO) that are not subject to spending limits; reduce the defense spending in the Administration's request to comply with BCA revised caps; or use some combination of these approaches.
Book Synopsis Defense Spending and War Funding by : Angelina Fleming
Download or read book Defense Spending and War Funding written by Angelina Fleming and published by Nova Science Publishers. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enacted on 1 August 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; analyses DOD's current plan for compliance, and describes budget uncertainties faced by DOD in responding to spending limits.
Book Synopsis The Budget Control Act by : Grant Driessen
Download or read book The Budget Control Act written by Grant Driessen and published by Createspace Independent Publishing Platform. This book was released on 2017-07-19 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: When there is concern with deficit or debt levels, Congress will sometimes implement budget enforcement mechanisms to mandate specific budgetary policies or fiscal outcomes. The Budget Control Act of 2011(BCA; P.L. 112-25), which was signed into law on August 2, 2011, includes several such mechanisms. The BCA as amended has three main components that currently affect the annual budget. One component imposes annual statutory discretionary spending limits for defense and non-defense spending. A second component requires annual reductions to the initial discretionary spending limits triggered by the absence of a deficit reduction agreement from a committee formed by the BCA. Third are annual automatic mandatory spending reductions triggered by the same absence of a deficit reduction agreement. Each of those components is described in further detail in this report. The discretionary spending limits (and annual reductions) are currently scheduled to remain in effect through FY2021, while the mandatory spending reductions are scheduled to remain in effect through FY2025. Congress may modify or repeal any aspect of the BCA procedures, but such changes require the enactment of legislation. Several pieces of legislation have changed the spending limits or enforcement procedures included in the BCA with respect to each year from FY2013 through FY2017. These include the American Taxpayer Relief Act of 2012 (ATRA/P.L. 112-240), the Bipartisan Budget Act of 2013 (BBA 2013/P.L. 113-67, also referred to as the Murray-Ryan agreement), and the Bipartisan Budget Act of 2015 (BBA 2015/P.L. 114-74). Those laws included changes to the discretionary limits imposed by the BCA that increased deficits in each year from FY2013-FY2017. No change has been enacted for FY2018 and beyond, so the discretionary spending limits for FY2018 through FY2021 remain at the level prescribed by the BCA. The discretionary caps in FY2018 are scheduled to be approximately $549 billion for defense activities and $516 billion for nondefense activities This report addresses several frequently asked questions related to the BCA and the annual budget.
Book Synopsis War Funding and the Budget Control Act by : Amy Belasco
Download or read book War Funding and the Budget Control Act written by Amy Belasco and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses the FY2016 debate over defense spending levels. Congress is considering how to stay within the spending limits, or caps, set by the Budget Control Act (BCA). Under the BCA, all defense spending for the defense base budget--excluding amounts designated for "Overseas Contingency Operations" (OCO) or emergencies--is subject to annual BCA caps.
Book Synopsis Blunting the Sword by : Dennis S. Ippolito
Download or read book Blunting the Sword written by Dennis S. Ippolito and published by DIANE Publishing. This book was released on 1995-10 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapters include: why defense budgets are unstable; post-cold war Transition I: the base force, and Transition II: the Clinton program; the shrinking discretionary spending margin; and risk, reversibility, and defense planning. 50 tables and charts. Index.
Book Synopsis Budget Policy, Deficits, and Defense: A Fiscal Framework for Defense Planning by :
Download or read book Budget Policy, Deficits, and Defense: A Fiscal Framework for Defense Planning written by and published by DIANE Publishing. This book was released on 2005 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the war on terrorism began in earnest after September 11, 2001, defense budgets have risen sharply. It would be reassuring to believe that the resources to fight this war will continue to be made available, regardless of its cost or duration, and that Congress and the President will at the same time maintain the broader military capabilities needed to protect the nation's security interests. Fiscal realities, however, have often compromised military capabilities in the past and may do so again in the future. The short-term threat to defense is tied to deficit control. Reducing the very large deficits projected for the next several years will require cutbacks in discretionary spending. As a result, defense will be competing with domestic programs for a shrinking share of the budget, and the politics of this competition could prove highly unfavorable for defense.
Book Synopsis Budgeting, Financial Management, and Acquisition Reform in the U.S. Department of Defense by : Lawrence R. Jones
Download or read book Budgeting, Financial Management, and Acquisition Reform in the U.S. Department of Defense written by Lawrence R. Jones and published by IAP. This book was released on 2008-03-01 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book we introduce the basics of the federal budget process, provide an historical background on the foundation and development of the budget process, indicate how defense spending may be measured and how it impacts the economy, describe and analyze how Planning, Programming, Budgeting, and Execution System (PPBES) operates and should function to produce the annual defense budget proposal to Congress, analyze the role of Congress in debating and deciding on defense appropriations and the politics of the budgetary process including the use of supplemental appropriations to fund national defense, analyze budget execution dynamics, identify the principal participants in the defense budget process in the Pentagon and military commands, assess federal and Department of Defense (DoD) financial management and business process challenges and issues, and describe the processes used to resource acquisition of defense war fighting assets, including reforms in acquisition and linkages between PPBES and the defense acquisition process.
Book Synopsis National Defense Budgeting and Financial Management by : Philip J. Candreva
Download or read book National Defense Budgeting and Financial Management written by Philip J. Candreva and published by IAP. This book was released on 2017-05-01 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Department of Defense accounts for over half of federal government discretionary spending and over 3% of GDP. Half of all federal employees work for the Department. The annual budget for the military not only provides for those salaries, it covers the baseline and wartime operating expenses of the force, and hundreds of billions of dollars of investment in new capabilities and technologies. Given the materiality of the defense function and amount of resources it consumes, the processes for budgeting for defense and managing the funds is important to understand. This text provides a fully integrated view of defense budgeting. It takes the position that defense budgeting is a specific instance of public budgeting, and public budgeting is a specific instance of public policy. In order to fully understand how the nation budgets for defense, it first lays a theoretical and conceptual foundation for public policy and public budgeting. That is followed by an assessment of the political and policy context for defense, including the overarching federal budget process and role of Congress in setting defense policy. Only then does the text explore the specifics of defense budgeting: how, by whom, and why the budget is crafted. Beyond the topic of budgeting – formulating, requesting, and legitimating the request for funds – the book tackles financial management topics. Included are discussions of federal appropriations law, funds management, accounting requirements, intragovernmental business transactions, and contemporary topics of defense policy such as funding overseas contingency operations in an era of deficit control legislation. This book is an appropriate reference for both students and practitioners of defense budgeting and financial management. It would also be appropriate in a general public budgeting course. Most public budgeting texts focus on state and municipal governments and there are few that address the federal system. This book fills that gap and provides a specific example of federal budgeting.
Book Synopsis National Defense Budgeting and Financial Management by : Philip J. Candreva
Download or read book National Defense Budgeting and Financial Management written by Philip J. Candreva and published by IAP. This book was released on 2024-01-01 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: Budgeting for national defense is a complex endeavor, particularly for a nation like the U.S. that assumes global responsibility and strives to have the most advanced and lethal force on earth. It is necessary – and challenging – to balance the myriad requirements between current and future readiness, across warfare areas and military services, between having state of the art capability with sufficient capacity, and among people, hardware, and the activities people do with that hardware. As analytically difficult as that problem is, it is embedded in the political budgeting processes and national security must be balanced with every other function of government and there must also be cooperation across branches of government. This text explores that complex endeavor. It takes the position that budgeting for defense is a particular instance of public budgeting which is a particular instance of public policy. Thus, this text starts with a conceptual, empirical, and process foundation before discussing the participants and processes that build the annual defense budget. It then covers the execution of that budget and the ultimate accounting. Compared to the first edition, this text is updated with current figures and examples. There is a new chapter on determinants of military spending in society and burden sharing within alliances. The chapter on budget execution has been disaggregated and a new chapter is devoted to fiscal law. The final chapter seeks to integrate all that came before it by discussing matters that integrate the stages of budgeting and which cross branches of government. Following in the tradition of the first edition, this is intended to be both a textbook for a course in budgeting, but also a desktop reference for defense budgeting practitioners.
Book Synopsis Blunting the Sword by : Dennis S. Ippolito
Download or read book Blunting the Sword written by Dennis S. Ippolito and published by . This book was released on 1994 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public Debt Limit Provisions by : United States
Download or read book Public Debt Limit Provisions written by United States and published by . This book was released on 1987 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cost of Iraq, Afghanistan, and Other Global War on Terror Operations Since 9/11 by : Amy Belasco
Download or read book Cost of Iraq, Afghanistan, and Other Global War on Terror Operations Since 9/11 written by Amy Belasco and published by DIANE Publishing. This book was released on 2011-03 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the ninth year of operations since the 9/11 attacks while troops are being withdrawn in Iraq and increased in Afghanistan, the cost of war continues to be a major issue including the total amount appropriated, the amount for each operation, average monthly spending rates, and the scope and duration of future costs. This report analyzes war funding for the Defense Department and tracks funding for USAID and VA Medical funding.
Author :United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee Publisher : ISBN 13 : Total Pages :712 pages Book Rating :4.:/5 (5 download)
Book Synopsis The Balanced Budget and Emergency Deficit Control Act of 1985 by : United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee
Download or read book The Balanced Budget and Emergency Deficit Control Act of 1985 written by United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee and published by . This book was released on 1985 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Congressional Research Service Publisher :Createspace Independent Publishing Platform ISBN 13 :9781979693288 Total Pages :52 pages Book Rating :4.6/5 (932 download)
Book Synopsis Fy2018 National Defense Authorization Act by : Congressional Research Service
Download or read book Fy2018 National Defense Authorization Act written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-11-13 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses the FY2018 defense budget request and provides a summary of congressional action on the National Defense Authorization Act (NDAA) for fiscal year (FY) 2018. The annual NDAA authorizes appropriations for the Department of Defense (DOD) and defense-related nuclear energy programs of the Department of Energy and typically includes provisions affecting DOD policies or organization. Unlike an appropriations bill, the NDAA does not provide budget authority for government activities. The Trump Administration's FY2018 budget request, released on May 23, 2017, included a total of $677.1 billion for national defense-related activities of the federal government. Of that amount, $667.6 billion was for discretionary funding that would be provided by an annual appropriations bill. Of that discretionary defense spending request, $659.8 billion was for appropriation accounts for which authorization is provided in the annual NDAA. The FY2018 request included $595.3 billion in discretionary funding for the so-called DOD base budget, that is, funds intended to pay for activities that DOD and other national defense-related agencies would pursue even if U.S. forces were not engaged in contingency operations in Afghanistan, Iraq, Syria and elsewhere. The remainder of the request - $64.6 billion - would fund the incremental cost of those ongoing operations, formally designated as Overseas Contingency Operations (OCO). Congressional action on FY2018 defense funding reflects a running debate about the size of the defense budget given strategic environment and budgetary issues facing the United States. Annual limits on discretionary spending for defense and for non-defense federal activities, set by the Budget Control Act of 2011 (P.L. 112-25), remain in place through FY2021. If the amount appropriated for either category exceeds the relevant cap, it would trigger near-across-the-board reductions to a level allowed by the cap - a process called sequestration. Appropriations designated by Congress and the President as funding for OCO or for emergencies, are exempt from the caps. For FY2018, the BCA limit on discretionary defense spending is $549 billion. Even apart from the request for $8.1 billion in defense-related discretionary appropriations that is outside the scope of the NDAA, the Administration's base budget defense request would exceed the BCA cap by more than $46 billion, thus triggering sequestration. The House passed H.R. 2810, the version of the FY2018 NDAA reported by the House Armed Services Committee, on July 14, 2017 by a vote of 344-81. On July 10, the Senate Armed Services Committee reported S. 1519, its version of the FY2018 bill. After substituting the text of S. 1519 for the House-passed text of H.R. 2810, the Senate passed an amended version of the latter bill on September 18 by a vote of 89-8. In terms of the total amounts they would authorize (counting funds for base budget and OCO) the House and Senate proposals differ by slightly more than $3 billion (less than 0.5%). The House bill's $689.0 billion total would exceed the Administration's request by $29.2 billion (about 4.4%), whereas the Senate proposal would exceed the request by $32.3 billion or about 4.8%. The differences between the two bills reflect, in large part, differences in how the chambers categorize and allocate funding for base budget purposes while minimizing the amount by which base budget spending would exceed the BCA cap. Neither bill would modify the FY2018 BCA limit.
Book Synopsis Defense by : Library of Congress. Congressional Research Service
Download or read book Defense written by Library of Congress. Congressional Research Service and published by . This book was released on 2013 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: President Obama's FY2014 base budget request of $552.0 billion in discretionary budget authority for the Department of Defense (DOD) and defense-related programs of other agencies (excluding war costs), exceeds by $53.9 billion the legally binding cap on defense funding for FY2014 that was enacted in 2011 as part of the Budget Control Act (P.L. 112-25). Unless the Budget Control Act (BCA) is amended, either Congress will have to cut the Administration's National Defense request by $53.9 billion (about 9.8%) to meet the BCA cap of $498.1 billion, or else the BCA law will reduce the appropriation to the level set by the cap through a process of sequestration, beginning in January 2014. On December 11, 2013, Congressman Paul C. Ryan and Senator Patty Murray, chairs of the House and Senate budget committees, respectively, and co-Chairs of the group appointed to develop a budget compromise to avoid a sequester in mid-January 2014, introduced the Bipartisan Budget Act of 2013 which raises defense and non-defense budget spending limits for FY2014 and FY2015. For FY2014, the proposal raises the current budget limit for National Defense limit by $22 billion to a total of $520 billion, or $2 billion above the level set in the Continuing Resolution (CR) of 2014.3 For the Department of Defense, the new FY2014 limit would be set at $497 billion rather than the current limit of $476 just above the CR. If Congress extends the current CR level for the full year at these new limits, then there would be no sequester in January 2014. For DOD, the new limits would essentially be a nominal freeze, setting DOD spending at $2 billion above the FY2013 post-sequester level. If the Bipartisan Budget Act becomes law, the appropriations committees in both houses are expected to conference to the new limits.
Book Synopsis Defense Authorization and Appropriation by : Pat Towell
Download or read book Defense Authorization and Appropriation written by Pat Towell and published by Novinka Books. This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The annual consideration of appropriations bills (regular, continuing, and supplemental) by Congress is part of a complex set of budget processes that also encompasses the consideration of budget resolutions, revenue and debt-limit legislation, other spending measures, and reconciliation bills. In addition, the operation of programs and the spending of appropriated funds are subject to constraints established in authorising statutes. Congressional action on the budget for a fiscal year usually begins following the submission of the President's budget at the beginning of each annual session of Congress. Congressional practices governing the consideration of appropriations and other budgetary measures are rooted in the Constitution, the standing rules of the House and Senate, and statutes, such as the Congressional Budget and Impoundment Control Act of 1974. This book is a guide to one of the regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittees on Defence. For both defence authorisation and appropriations, this book summarises the status of the bills, their scope, major issues, funding levels, and related congressional activity.
Book Synopsis A Citizen's Guide to the Federal Budget, Budget of the United States Government by :
Download or read book A Citizen's Guide to the Federal Budget, Budget of the United States Government written by and published by . This book was released on 1997 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
