Aug. 26, 2011 - Notes and Sources
In the coming weeks the “Super Committee” of twelve Senators and Members of Congress will begin deliberating ways to generate as much as $1.5 trillion in deficit reduction over a decade. The Committee will have to address a number of controversial funding issues – revenues, entitlement programs, domestic programs, and the military. Beginning with the military, NPP will create a clearer picture of the budgetary decisions that await the Committee in these four critical areas.
The current fiscal year (FY2011) ends on September 30, 2011. The following is a wrap-up of military spending for the year.
These figures are based on projections by the Office of Management and Budget (OMB) for Fiscal Year 2011 spending included in its FY2012 budget request. The actual FY2011 budget was not finalized until passage of the budget agreement on April 8, 2011. All figures are for Budget Authority, and are in current (FY2011) dollars.
|Budget Area||$ Billions|
|Pentagon’s annual “base” budget [Function 051]||$523.6 billion|
|Military operations in Iraq and Afghanistan||$169.4 billion|
|Nuclear weapons-related activities of the Department of Energy [Function 053]||$19.0 billion|
|"Miscellaneous” Pentagon funding [Function 054]||$7.6 billion|
|Military aid to foreign countries [Function 152]||$6.3 billion|
|TOTAL||$726 billion ($725.961)|
For additional information, check out these other NPP resources:
Presidents Budget 2012: Values By The Numbers
Our full analysis of President Obama’s $3.7 trillion budget for Fiscal Year 2012.
President's Budget FY2012 Webinar
Slides and narrative guide you through the President's Fiscal Year 2012 budget blueprint, plus our video “You and the Federal Budget.”
Defining the FY2012 Budget Debate
A side-by-side analysis of House Budget Committee Chairman Paul Ryan’s “Path for Prosperity” and the Congressional Progressive Caucus’s (CPC) “People’s Budget” proposals.