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Analysis of the Long-Term Costs of the Administration’s Goals for the Military

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  • Congressional Budget Office

Abstract

CBO estimates that the inflation-adjusted costs for the Department of Defense would climb steadily from the $575 billion requested for the base budget in 2018 to $688 billion in 2027 if DoD pursues goals that Administration officials have articulated for improving readiness, modernizing equipment, and increasing the number of military personnel. Total costs for 2018 through 2027 would be nearly $700 billion more than CBO’s projection of the Obama Administration’s final Future Years Defense Program.

Suggested Citation

  • Congressional Budget Office, 2017. "Analysis of the Long-Term Costs of the Administration’s Goals for the Military," Reports 53350, Congressional Budget Office.
    • Handle: RePEc:cbo:report:53350
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    File URL: https://www.cbo.gov/system/files/115th-congress-2017-2018/reports/53350-costsofadministrationsgoalsformilitary.pdf
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    More about this item

    JEL classification:

    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt

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