Defense Budget
- Report
Testimony on the Navy’s 2025 Shipbuilding Plan and Its Implications for the Shipbuilding Industrial Base
Eric J. Labs, Senior Analyst for Naval Forces and Weapons in CBO’s National Security Division, testifies before the House Armed Services Committee's Subcommittee on Seapower and Projection Forces.
- Graphic
Atlas of Military Compensation, 2024
In the President’s 2025 budget request, total military compensation is $600 billion, including veterans' benefits. That amount represents an increase of 162 percent since 1980 (and 151 percent since 1999) after removing inflation’s effects.
- Presentation
The 2025 Outlook for Navy Shipbuilding
Presentation by Eric Labs, an analyst in CBO’s National Security Division, at the Bank of America Defense Outlook and Commercial Aerospace Forum 2025.
- Report
An Analysis of the Navy’s 2025 Shipbuilding Plan
Under the Navy’s 2025 shipbuilding plan, total shipbuilding costs would average about $40 billion per year (in 2024 dollars) through 2054, CBO estimates, as the Navy built a fleet of 390 battle force ships.
- Report
Options for Reducing the Deficit: 2025 to 2034
CBO periodically issues a compendium of policy options and their estimated effects on the federal budget. This report presents 76 options for altering spending or revenues to reduce federal budget deficits over the next decade.
- Presentation
Shipbuilding, the Congress, and the Shipbuilding Industrial Base
Presentation by Eric Labs, an analyst in CBO’s National Security Division, at the U.S. Naval Institute’s Defense Forum Washington 2024.
- Report
How CBO Projects the Long-Term Costs of the Department of Defense’s Future Years Defense Program
Since 2003, CBO has projected the Department of Defense’s costs for the 10 to 15 years beyond those covered in the Future Years Defense Program’s five-year plan. This report describes some of the methods CBO uses to make those projections.
- Report
Long-Term Implications of the 2025 Future Years Defense Program
CBO analyzes the Department of Defense’s plans for 2025 to 2029 as presented in the 2025 Future Years Defense Program. Under those plans, CBO projects, defense costs would increase by 11 percent between 2029 and 2039.
- Presentation
Perspectives on the Navy’s 2025 Shipbuilding Plan
Presentation by Eric J. Labs, an analyst in CBO’s National Security Division, at the National Defense Industrial Association’s 26th Annual Expeditionary Warfare Conference.
- Presentation
How the Military’s Basic Allowance for Housing Compares With Civilian Housing Costs
Presentation by David Mosher, CBO’s Director of National Security, at the 2024 Conference of the Western Economic Association International.