Budget Policy, Deficits, And Defense

Budget Policy, Deficits, And Defense

A Fiscal Framework For Defense Planning

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The transformation of the U.S. military is entering a critical stage. The Department of Defense is initiating the most far-reaching changes in its worldwide bases and deployments since the 1950s. Parallel efforts to consolidate domestic bases and defense facilities are likely as well, now that the 2005 Base Realignment and Closure Commission has begun its work. And the Quadrennial Defense Review currently underway could have a profound impact on the size and shape of future forces. As defense planners grapple with the pace and direction of military transformation, the budgetary context of stra...