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The Economics of Defense: Impact of Gramm-Rudman-Hollings on the Defense Budget, FY86 Through FY90 and Beyond

The Economics of Defense: Impact of Gramm-Rudman-Hollings on the Defense Budget, FY86 Through FY90 and Beyond PDF Author: Michael J. Snedeker
Publisher:
ISBN:
Category :
Languages : en
Pages : 61

Book Description
This is a study of how Public Law 99-177, commonly referred to as 'Gramm-Rudman-Hollings', or 'Gramm-Rudman' has affected, and will affect, the defense budget of the United States from Fiscal Year 1986 through 1990 and beyond. The law represents a break with past Congressional budgetary history. This study shows what was budgeted for defense before and after the law's introduction, and deals with some of its impacts on the services and their programs. It identifies the options Congress has for controlling future deficits and the likelihood of these being implemented. The study explains how the amount to be withheld ('sequestered') from the defense budget is to be determined if the preset deficit reduction targets are not met each year. It also provides a brief history of the law and a summary of its relevant provisions and attendant procedures affecting the DOD budget. (Author).

The Economics of Defense: Impact of Gramm-Rudman-Hollings on the Defense Budget, FY86 Through FY90 and Beyond

The Economics of Defense: Impact of Gramm-Rudman-Hollings on the Defense Budget, FY86 Through FY90 and Beyond PDF Author: Michael J. Snedeker
Publisher:
ISBN:
Category :
Languages : en
Pages : 61

Book Description
This is a study of how Public Law 99-177, commonly referred to as 'Gramm-Rudman-Hollings', or 'Gramm-Rudman' has affected, and will affect, the defense budget of the United States from Fiscal Year 1986 through 1990 and beyond. The law represents a break with past Congressional budgetary history. This study shows what was budgeted for defense before and after the law's introduction, and deals with some of its impacts on the services and their programs. It identifies the options Congress has for controlling future deficits and the likelihood of these being implemented. The study explains how the amount to be withheld ('sequestered') from the defense budget is to be determined if the preset deficit reduction targets are not met each year. It also provides a brief history of the law and a summary of its relevant provisions and attendant procedures affecting the DOD budget. (Author).

The Economics of Defense Spending

The Economics of Defense Spending PDF Author: United States. Assistant Secretary of Defense (Comptroller)
Publisher:
ISBN:
Category : Defence contracts
Languages : en
Pages : 220

Book Description


Adjustments of the U.S. Economy to Reductions in Military Spending

Adjustments of the U.S. Economy to Reductions in Military Spending PDF Author: United States. Arms Control and Disarmament Agency
Publisher:
ISBN:
Category : Disarmament
Languages : en
Pages : 624

Book Description
The purpose of the study is to review the likely impact of reduced military expenditures on the economy of the United States and to identify some of the more pressing problems which may be encountered in the shift of resources from military to non-military uses. (Author).

Defense Spending And Economic Growth

Defense Spending And Economic Growth PDF Author: James E. Payne
Publisher: Routledge
ISBN: 0429715684
Category : Business & Economics
Languages : en
Pages : 234

Book Description
This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.

The Economics of Defense

The Economics of Defense PDF Author: Members of Congress for Peace through Law. Military Spending Committee
Publisher: Greenwood
ISBN:
Category : Defense contracts
Languages : en
Pages : 290

Book Description


Technical Reports Awareness Circular : TRAC.

Technical Reports Awareness Circular : TRAC. PDF Author:
Publisher:
ISBN:
Category : Science
Languages : en
Pages : 766

Book Description


National Defense Budgeting and Financial Management

National Defense Budgeting and Financial Management PDF Author: Philip J. Candreva
Publisher: IAP
ISBN: 1681238721
Category : Business & Economics
Languages : en
Pages : 494

Book Description
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.

Annual Department of Defense Bibliography of Logistics Studies and Related Documents

Annual Department of Defense Bibliography of Logistics Studies and Related Documents PDF Author: United States. Defense Logistics Studies Information Exchange
Publisher:
ISBN:
Category : Military research
Languages : en
Pages : 1120

Book Description


Report of the Committee on the Economic Impact of Defense and Disarmament

Report of the Committee on the Economic Impact of Defense and Disarmament PDF Author: United States. Committee on the Economic Impact of Defense and Disarmament
Publisher:
ISBN:
Category : Disarmament
Languages : en
Pages : 116

Book Description


Notes on the Gramm-Rudman-Hollings Deficit Reduction Plan

Notes on the Gramm-Rudman-Hollings Deficit Reduction Plan PDF Author: Glenn A. Gotz
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 20

Book Description
The Department of Defense (DOD) may be significantly affected by the Gramm-Rudman-Hollings deficit reduction plan (GRH), formally called the Balanced Budget and Emergency Deficit Control Act of 1985, Public Law 99-177. Although the broad outlines of GRH are widely known, the detials are not well understood, and there is still disagreement as to how it is to be implemented and whether it is constitutional in whole or in part. This Note describes and comments on aspects of GRH which have not received much attention in the press, but which may have important effects on the DOD budget and on spending incentives within the Department of Defense. Keywords: Federal budgets, Military budgets.