Long-Term Implications of the 2014 Future Years Defense Program

November 21, 2013

CBO projects that DoD’s plans will cost 3.5 percent more to execute through 2018 than DoD estimates. Moreover, the costs of DoD’s plans for 2014 through 2021 would greatly exceed the limits established by the Budget Control Act.

A subsequent version of this report was published in November 2014.