Modernization and Budget
The annual Navy's budget is in a 1 to 3 proportion of the national budget relative to the Army & Air Force. For the year 2007, the Army got three billion dollars budget, versus one billion dollars for the Navy. The Navy has a reputation for being a well-run and well-organized outfit. This reputation allows for a close relationship with the U.S. Navy, as evidenced by the procurement of numerous former USN ships.
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Famous quotes containing the word budget:
“The United States is the only great nation whose government is operated without a budget. The fact is to be the more striking when it is considered that budgets and budget procedures are the outgrowth of democratic doctrines and have an important part in developing the modern constitutional rights.... The constitutional purpose of a budget is to make government responsive to public opinion and responsible for its acts.”
—William Howard Taft (1857–1930)