Long-Term Costs of the Administration’s 2022 Defense Budget

Congressional Budget Office

No 57541, Reports from Congressional Budget Office

Abstract: In this report, CBO analyzes the Department of Defense’s plans for 2022 as presented in the Biden Administration’s 2022 budget request and projects how those plans would affect defense costs through 2031. DoD requested $715 billion for 2022. CBO projects that the annual cost of DoD’s plans would increase by 10 percent over the subsequent nine years, reaching $787 billion (in 2022 dollars) in 2031.

JEL-codes: H56 H57 H60 H68 N40 N42 (search for similar items in EconPapers)
Date: 2022-01-11
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Persistent link: https://EconPapers.repec.org/RePEc:cbo:report:57541

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