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Bookmark or Share- Defense Budget - Congressional Budget OfficeLong-Term Costs of the Administration’s 2022 Defense Budget. January 11, 2022. CBO analyzes DoD’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. Those costs would increase by 10 percent over that period, CBO projects.
- An Analysis of the Navy’s Fiscal Year 2024 Shipbuilding PlanAt a Glance Each year, as directed by the Congress, the Department of Defense submits a report with the President’s budget describing the Navy’s planned inventory, purchases, deliveries, and retirements of ships in its fleet for the next 30 years. Like the Navy’s shipbuilding plan for fiscal year 2023, its 2024 plan provides three alternative long-range projections of its future fleet ...
- Military Personnel - Congressional Budget OfficeFrom 2010 through 2016, the Veterans Benefits Administration spent $65 billion on educational benefits for 1.6 million veterans, spouses and children, mostly for veterans’ tuition, fees, and housing. In 2016, VBA spent an average of $17,400 per beneficiary. Roughly one-quarter of the Department of Defense’s budget is for military personnel.
- Long-Term Costs of the Administration s 2022 Defense BudgetCosts for O&S in DoD’s 2022 budget request are $6.3 billion (or 1.4 percent) less than the amount planned for 2022 in the 2021 FYDP. Of that decrease, $5.3 billion is in O&M, and $1 billion is in military compensation.
- Long-Term Costs of the Administration’s 2022 Defense BudgetThe remaining $9.8 billion is for infrastructure ($8.4 billion for military construction and $1.4 billion for family housing). For the years after 2022, CBO projects that DoD’s costs would steadily increase so that, in 2031, the department’s budget (in 2022 dollars) would reach $787 billion, about 10 percent more than the amount proposed in ...
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