U.S. Financial Condition and Selected DOD Transformation Issues

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Table of contents

• Open
• Composition of Federal Spending
• Federal Spending for Mandatory and Discretionary Programs
• Surplus or Deficit as a Share of GDP Fiscal Years 1962—2005
• Fiscal Year 2004 and 2005 Deficits and Net Operating Costs
• Estimated Fiscal Exposures (in $ trillions)
• How Big is Our Growing Fiscal Burden?
• Composition of Spending as a Share of GDP Under Baseline Extended
• Composition of Spending as a Share of GDP Assuming Discretionary Spending Grows with GDP after 2006 and All Expiring Tax Provisions Are Extended
• Growth in Spending for Social Security, Medicare, and Medicaid Expected to Outpace Economic Growth
• Social Security, Medicare, and Medicaid Spending as a Percent of GDP
• Current Fiscal Policy Is Unsustainable
• The Way Forward: Three Pronged Approach
• 21st Century Challenges Report
• Twelve Reexamination Areas
• Illustrative 21st Century Questions: National Defense
• Illustrative 21st Century Questions: National Defense
• DOD Lacks An Affordable Plan to Balance Current Requirements With Investments in New Capabilities
• Active Duty Personnel Pay and Benefits Need To Be Reexamined and Revised
• DOD Continues to Confront Pervasive, Longstanding Management Problems Related to Its Business Operations
• Weapons Systems Challenges
• Weapons Systems Challenges
• Needs/Wants: Demand for New Weapons Has Doubled
• F/A—22 Fighter Example
• The Way Forward: Selected Potential DOD Related Actions
• The Way Forward: Selected Potential DOD Related Actions (cont.)
• Close