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Special Report: DoD’s Budget Quandary

There’s no end in sight to the apocalyptic tenor of Beltway defense news and, if anything, it could keep getting worse. Todd Harrison, a defense budget analyst at the Center for Strategic and Budgetary Assessments  briefed reporters Monday on his new report on the fiscal 12 defense budget, including DoD’s future prospects, and the outlook for the military-industrial complex is bleak/…/The Pentagon’s long-term problems aren’t insoluble: Harrison outlined what he believes Washington needs to do to weather the buffeting of Austerity America, and included some interesting and innovative concepts along with the now-familiar prescriptions — control requirements, manage well, and follow a strategy. The problems for DoD and America lie in executing what many people agree must be done, but which requires today’s dysfunctional system to work perfectly.

In the News

U.S. Pays A Third More For Defense As In 2001: Analyst

The U.S. military has essentially the same size, force structure and capabilities as it did a decade ago but costs 35 percent more, an independent public policy think tank said on Monday in an analysis of the 2012 defense budget.

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Can the Air Force Afford the New Bomber?

If the Pentagon holds to its current plans to chop hundreds billions of dollars from defense spending over the next decade the U.S. Air Force may need to rethink it’s acquisition plans according to Todd Harrison defense budget specialist at the Center for Strategic and Budgetary Assessments, an influential DC think tank.

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Default v. Shutdown: What’s the Difference?

If the U.S. debt ceiling is not raised, and choices are made about who gets paid and who doesn’t, contractors could feel the pinch long before government officials do, according to a briefing Monday by Todd Harrison of the Center for Strategic and Budgetary Assessments.

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Hollow Growth

Todd Harrison, budget expert at the Center for Strategic and Budgetary Assessments, argues in a new report published today that the spike in U.S. defense spending over the last decade produced "hollow growth."