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The Economics of Defense Spending

The Economics of Defense Spending
Author: United States. Assistant Secretary of Defense (Comptroller)
Publisher:
Total Pages: 220
Release: 1972
Genre: Defence contracts
ISBN:

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Financing National Defense

Financing National Defense
Author: Lawrence R. Jones
Publisher: IAP
Total Pages: 508
Release: 2011-12-01
Genre: Technology & Engineering
ISBN: 1617356794

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A myth from the colonial period was that Americans could defend themselves by keeping a rifle in the closet and when needed, grab it, and march off to battle in times of crisis. Unfortunately, providing national defense is more complicated that that; indeed it was more complicated even during the Revolutionary war. General George Washington’s struggles to form a standing army supported by workable logistics and supply processes and to get funding for both from the Revolutionary Congress are well documented. Financing national defense requires planning and resourcing in advance. Reacting at the instant of crisis is too late. Building an educated, highly trained and capable Armed Forces and the acquisition of defense weapons and weapons systems has long lead times and involves making decisions the consequences of which are likely to last for decades. These decisions include how to recruit and retain military and civilian personnel as well as designing, buying and fielding a vast array of ground weapons, ships, aircraft and other weaponry. A decision to buy a major defense weapons system for example sets in motion a chain of other decisions that will affect the U.S., its allies and enemies around the world. Implementation of such decisions is financed through the U.S. federal government and Department of Defense budget processes in a planned yet highly and pluralistic and disaggregated system for determining how to advocate, acquire and allocate scarce resources in a manner that culminates in congressional and presidential approval. In this book we examine the concepts and practices of defense financing, provide a detailed description and analysis of resource policy decision making, financial management and budget execution processes, and analyze the most significant features of the national defense and U.S. federal government resource decision and management system. The book assesses the numerous factors, including those that characterize the complex budget review and appropriation decision making dynamics of Congress, that make U.S. defense finance and budgeting different from any other system in the world. In addition, in a concluding chapter the book compares U.S. defense policy and budgeting to other nations in different regions of the globe, drawing conclusions about the effects of U.S. defense policy and defense financing abroad in regions including Europe, Russia, the Middle-East and Asia.


The American Warfare State

The American Warfare State
Author: Rebecca U. Thorpe
Publisher: University of Chicago Press
Total Pages: 259
Release: 2014-04-16
Genre: Political Science
ISBN: 022612410X

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How is it that the United States—a country founded on a distrust of standing armies and strong centralized power—came to have the most powerful military in history? Long after World War II and the end of the Cold War, in times of rising national debt and reduced need for high levels of military readiness, why does Congress still continue to support massive defense budgets? In The American Warfare State, Rebecca U. Thorpe argues that there are profound relationships among the size and persistence of the American military complex, the growth in presidential power to launch military actions, and the decline of congressional willingness to check this power. The public costs of military mobilization and war, including the need for conscription and higher tax rates, served as political constraints on warfare for most of American history. But the vast defense industry that emerged from World War II also created new political interests that the framers of the Constitution did not anticipate. Many rural and semirural areas became economically reliant on defense-sector jobs and capital, which gave the legislators representing them powerful incentives to press for ongoing defense spending regardless of national security circumstances or goals. At the same time, the costs of war are now borne overwhelmingly by a minority of soldiers who volunteer to fight, future generations of taxpayers, and foreign populations in whose lands wars often take place. Drawing on an impressive cache of data, Thorpe reveals how this new incentive structure has profoundly reshaped the balance of wartime powers between Congress and the president, resulting in a defense industry perennially poised for war and an executive branch that enjoys unprecedented discretion to take military action.


The Changing Dynamics of U.S. Defense Spending

The Changing Dynamics of U.S. Defense Spending
Author: Leon V. Sigal
Publisher: Bloomsbury Publishing USA
Total Pages: 240
Release: 1999-09-30
Genre: History
ISBN: 0313028621

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A behind-the-scenes look at the environment for defense policy and budgeting—in Congress, the news media, and the defense industry—reveals that the appearance of stability is deceiving. Pressures are building for change. Defense spending has leveled off at about $265 billion a year in outlays. Current commitments to preserve the existing force while purchasing new weaponry are creating significant budget issues which must be addressed. This book probes beneath the surface to show how the political base for defense spending is eroding. The economic benefits of defense spending and of foreign military sales are increasingly concentrated. A few well-placed members are now the main beneficiaries of add-ons to the budget. At the same time, mergers and acquisitions have left the defense industrial base largely intact, with new weapons filling every production line. Yet it will take sharp increases in the defense budget to fund these new weapons, increases that may not be politically viable. A provocative analysis by some of the leading scholars and researchers involved with defense and foreign policy issues, this will be of great interest to experts as well as general readers.


Defense Spending and Economic Growth

Defense Spending and Economic Growth
Author: James E. Payne
Publisher: Routledge
Total Pages: 286
Release: 2021-03-13
Genre:
ISBN: 9780367160876

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This book examines the effects of defense spending on economic growth and investigates how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries. .


Defense Spending And Economic Growth

Defense Spending And Economic Growth
Author: James E. Payne
Publisher: Routledge
Total Pages: 234
Release: 2019-03-13
Genre: Business & Economics
ISBN: 0429715684

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This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.


The $650 Billion Bargain

The $650 Billion Bargain
Author: Michael E. O'Hanlon
Publisher: Brookings Institution Press
Total Pages: 162
Release: 2016-08-23
Genre: Political Science
ISBN: 0815729588

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U.S. defense spending isn’t excessive and, in fact, should continue to grow because it’s both affordable and necessary in today's challenging world. The United States spends a lot of money on defense—$607 billion in the current fiscal year. But Brookings national security scholar Michael O'Hanlon argues that is roughly the right amount given the overall size of the national economy and continuing U.S. responsibilities around the world. If anything, he says spending should increase modestly under the next president, remaining near 3 percent of gross domestic product. Recommendations in this book differ from the president's budget plan in two key ways. First, the author sees a mismatch in the Pentagon’s current plans between ends and means. The country needs to spend enough money to carry out its military missions and commitments. Second, O'Hanlon recommends dropping a plan to cut the size of the Army from the current 475,000 active-duty soldiers to 450,000. The U.S. national defense budget is entirely affordable—relative to the size of the economy, relative to past levels of effort by this country in the national security domain, and relative, especially, to the costs of failing to uphold a stable international order. Even at a modestly higher price, it will be the best $650 billion bargain going, and a worthy investment in this country’s security and its long-term national power.


The Political Economy of Military Spending in the United States

The Political Economy of Military Spending in the United States
Author: Alex Mintz
Publisher: Routledge
Total Pages: 345
Release: 2002-01-31
Genre: Political Science
ISBN: 1134903324

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Leading scholars examine the links between domestic politics, defense spending and the economics of the US defense industry.


Budgeting, Financial Management, and Acquisition Reform in the U.S. Department of Defense

Budgeting, Financial Management, and Acquisition Reform in the U.S. Department of Defense
Author: Lawrence R. Jones
Publisher: IAP
Total Pages: 720
Release: 2008-03-01
Genre: Technology & Engineering
ISBN: 1607527367

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In this book we introduce the basics of the federal budget process, provide an historical background on the foundation and development of the budget process, indicate how defense spending may be measured and how it impacts the economy, describe and analyze how Planning, Programming, Budgeting, and Execution System (PPBES) operates and should function to produce the annual defense budget proposal to Congress, analyze the role of Congress in debating and deciding on defense appropriations and the politics of the budgetary process including the use of supplemental appropriations to fund national defense, analyze budget execution dynamics, identify the principal participants in the defense budget process in the Pentagon and military commands, assess federal and Department of Defense (DoD) financial management and business process challenges and issues, and describe the processes used to resource acquisition of defense war fighting assets, including reforms in acquisition and linkages between PPBES and the defense acquisition process.