1881. Interim Report-Planning for a Deep Defense Drawdown—Part I
- Author:
- Clark A. Murdock
- Publication Date:
- 05-2012
- Content Type:
- Working Paper
- Institution:
- Center for Strategic and International Studies
- Abstract:
- As the defense budget is reduced in the coming years, the Department of Defense (DoD) will be confronted with not one but two budgetary threats: it will face not only fewer defense dollars but also a weakening defense dollar in terms of purchasing power. This weaker defense dollar, driven by the internal cost inflation of personnel, operations and maintenance (O), and acquisition accounts in particular, threatens to hollow out the defense budget from within. -
- Topic:
- Defense Policy, Economics, and Monetary Policy
- Political Geography:
- United States