The USA’s FY 2007 Defense Budget
Related Stories: Americas - USA, Budgets, FOCUS Articles, Force Structure, Forces - Special Ops, Issues - Political, Top Stories
The US Department of Defense has submitted its FY 2007 budget request for $439.3 billion. This is 7% more than the FY 2006 request, but slightly less than the $441.5 billion eventually appropriated by Congress in the FY 2006 budget. Note that this is just the first step in a long process that involves bills drawn up in both the House of Representatives and the US Senate, which will add some things, subtract others, and impose conditions. Then the House and Senate bills must be reconciled in committee into one common bill for the President to sign into law. Last year’s FY 2006 budget, introduced in February 2005, was finally signed into law on December 30, 2005.
This budget would wait until October 17, 2006 for Presidential signature as Public Law No. 109-364. It provides $462.8 billion in budget authority, and Senate and House conferees added the $70 billion defense supplemental budget request to the act – overall, therefore, the act authorizes $532.8 billion for FY 2007.
Because this budget was put together in parallel with the 2006 Quadrennial Defense Review, it bears some imprints from that process and begins to implement some of the QDR’s proposed directions. Rather than try to summarize such a vast document for our readers, DID will simply link you to the key source and ancillary materials, which contain their own summaries as well as access to more detailed information.
Displaying 218 of 1,150 words (about 3 pages)Continue Reading »
- Follow the 80/20 rule and save time
- Don't miss important facts
- Get the big picture, quickly
- Eliminate your blindspots
- Stay on top of new and forthcoming events
- Ability to conduct complex searches
- Procurement and doctrine issues
- Timeline of past and future program events
- Links to other useful resources
- Instant content access after payment
"Well written, interesting daily with information not readily available elsewhere...! You handle it with aplomb!" - a defense contractor CEO
