Budget
The United States has the largest defense budget in the world. In fiscal year 2010, the Department of Defense has a base budget of $533.8 billion. An additional $130.0 billion was requested for "Overseas Contingency Operations" in the War on Terrorism, and over the course of the year, an additional $33 billion in supplemental spending was added to Overseas Contingency Operations funding. Outside of direct Department of Defense spending, the United States spends another $218–262 billion each year on other defense-related programs, such as Veterans Affairs, Homeland Security, nuclear weapons maintenance, and the State Department.
By service, $225.2 billion was allocated for the Army, $171.7 billion for the Navy and Marine Corps, $160.5 billion for the Air Force and $106.4 billion for defense-wide spending. By function, $154.2 billion was requested for personnel, $283.3 billion for operations and maintenance, $140.1 billion for procurement, $79.1 billion for research and development, $23.9 billion for military construction, and $3.1 billion for family housing.
In fiscal year 2009, major defense programs also saw continued funding. $4.1 billion was requested for the next generation fighter, F-22 Raptor, which will roll out an additional twenty planes for FY 2009. $6.7 billion was requested for the F-35 Lightning II, which is still in development. Sixteen planes will be built as part of the funding. The Future Combat System program is expected to see $3.6 billion for its development. A total of $12.3 billion was requested for missile defense, which includes Patriot CAP, PAC-3 and SBIRS-High systems. $720 million was also included for a third missile defense site in Europe. $4.2 billion was also requested to continue the aircraft carrier replacement program. With the addition of AFRICOM, $389 million was requested to develop and maintain the new command.
Historically, defense-related spending in the United States is at its highest inflation-adjusted level since World War II. Per-capita spending is at approximately the same inflation-adjusted level as the peak of the late-1980s Cold War military build-up and the 1968 peak of the Vietnam War. In his Fiscal Year 2011 budget, President Obama has proposed a 4% increase in Department of Defense spending, followed by a 9% decrease in FY 2012, with funding remaining level in subsequent years.
Loren Thompson has blamed the "vast sums of money" squandered on cutting-edge technology projects that were then canceled on short sighted political operatives who lack a long term perspective in setting requirements. The result is that the number of items bought under a given program are cut. The total development costs of the program are divided over fewer platforms, making the per-unit cost seem higher and so the numbers are cut again and again in a death spiral.
Critical parts of the Obama future years plan are the cost containment measures provided by the Patient Protection and Affordable Care Act and the Energy policy of the Obama administration as health care and fuel costs are the two fastest growing parts of the defense budget.
Read more about this topic: United States Armed Forces
Famous quotes containing the word budget:
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
—Ronald Reagan (b. 1911)
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)
“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)