About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

Memorandum: The Administration's Defense Budget For 1994 1 (April 1993)

handle is hein.congrec/cbo9687 and id is 1 raw text is: April 21, 1993 MEMORANDUM FOR THE RECORD FROM: Mick Miller Ray Hall Bill Myers SUBJECT: The Administration's Defense Budget For 1994 The Clinton Administration is requesting considerably less funding for defense programs than the Bush Administration had, but only about half of the reduction represents cuts to programs. For the five-year period 1994-1998, the Clinton Administration would save about $163 billion in budget authority-- $60 billion because it assumes inflation will be lower, $18 billion because of pay policies for federal employees, and $85 billion due to cuts in forces, weapons acquisition, and other programs. This memorandum describes the Administration's proposals for defense programs in 1994, the only year for which details are available. For 1994, CBO estimates that budget authority for national defense would fall from $280 billion, as proposed by the Bush Administration, to $264 billion--a reduction of $16 billion. As shown in Table 1, all major Department of Defense (DoD) accounts would be pruned in 1994 to save $15.1 billion in budget authority. Another $1.3 billion would be cut from Department of Energy and other national defense accounts. In an earlier analysis of Clinton budget proposals, CBO suggested that weapons acquisition accounts could suffer disproportionate reductions, and that is the case now that more detail has been released. Almost two-thirds of the budget cuts are from accounts devoted to research, development, and purchase of new weapons; this is twice the share of the budget devoted to these programs. In 1994, budget authority for procurement is $5.6 billion lower than planned by the Bush Administration and research, development, test and evaluation (RDT&E) is $4.4 billion lower. Some of these savings are due to lower inflation assumptions, but the lion's share are program cuts. Plans for weapons acquisition beyond 1994 will not be known until late this summer or early next year.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most