Illustrative Options for National Defense Under a Smaller Defense Budget
Congressional Budget Office
No 57128, Reports from Congressional Budget Office
Abstract:
CBO was asked to examine the effects on U.S. forces of a substantially smaller defense budget. Because forces can be reduced in many ways depending on the military strategy adopted, CBO created three broad options to illustrate the range of strategies that the United States could pursue under a budget that would be cut gradually by a total of $1 trillion (in 2022 dollars), or 14 percent, between 2022 and 2031.
JEL-codes: D74 F13 F51 F52 F53 H56 H57 H60 H68 J45 L64 N42 (search for similar items in EconPapers)
Date: 2021-10-07
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