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The Long-Term Implications of Current Defense Plans and Alternatives: Detailed Update for Fiscal Year 2006 1 (December 2006)

handle is hein.congrec/cbo0879 and id is 1 raw text is: The Long-Term Implicaions of Current Defense Plans and Alternatives: Detailed Update for Fiscal Year 2006 Cong'ession i pudget Offl. Congress of Ihe United States 0 This presentation updates the analysis contained in the Congressional Budget Office's (CO's) September 2004 Web document The Long-Term Implications of Current Defense Plans: Detailed Update for Fiscal Year 2005 to account for changes incorporated in the President's budget for fiscal year 2006 and in the 2006 Future Years Defense Progzam (FYDP). In addition to those updates, the briefing incorporates data displays for projections of two alternatives to that FYDP- one emphasizing military transformation and one emphasizing evolutionary upgrades to existing military systems. The briefing Is a companion piece to CBO's October 2005 publication The Long- Term Implications of Current Defense Plans and Alternatives: Stimmary Update for Fiscal Year 2006. a This presentalion does not incorporate changes to the FYDP resulting from Congressional action on the President's 2006 budget request. 0 Charts in this detailed update use the concepts of steady state and half-life for the Department of Defense's (DoD's) investment plans and weapon systems. Those concepts are explained more fully in Box 1-3 of CBO's January 2003 study The Long-Term Implications of Current Defense Plans. (The projections In that report are based on the 2003 FYDP) The updated displays In this presentation differ in some instances from those in previous briefings. In some cases, CBO has altered the display format to include additional historical data. In other cases, CBO has corrected its historical database of procurement quantities and spending. (For example, this update includes corrected procurement spending for Army helicopters during the 1980s.) CBO also, In many instances, departs from previous briefings by using different color schemes for the displays. Because of changes in CBO's methodology, not all of the charts presented in CBO's previous studies are updated in this presentation. In a similar manner, some charts in this presentation show new information not corresponding to any display in previous studies. a All budgetary projections in this presentation are in billions of 2006 dollars, Numbers in the text may not sum to totals because of rounding. See the appendix at the end of the briefing for an explanation of selected acronyms and abbreviations.

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