"Highlights of the FY 2001 Request"
TOP LINE:
The Administration is seeking $305.4 billion in Budget Authority (BA) and
$277.5
billion
in Outlays for the military and the defense functions of the Department
of Energy. Budget
Authority
over the entire Future Years Defense Plan (FYDP), which covers Fiscal Years
2001-2005,
is nearly $1.6 trillion. The request for FY'01 is $4.9 billion more than
was proposed
in last
year's multi-year spending plan. In all, planned spending for the FYDP
($1,585.3
billion)
is nearly $15 billion more than last year's spending plan included for
the same
period.
INFLATION:After
taking into account the effects of inflation and higher than expected fuel
costs,
real growth
in Pentagon budget authority exceeds 1 percent in FY 2001.
BASE CLOSURES:
Calls for two additional rounds of base realignments and closures (BRAC)
in Fiscal
Years 2003 and 2005.
"STAR WARS"
NATIONAL MISSILE DEFENSE: Contains $1.9 billion for National
Missile
Defense (NMD) for FY'01. Total NMD funding for FY 2001-2005 is $10.4 billion,
$2.3 billion
more than last year's request. In all, the request for ballistic missile
defense (BMD)
programs
for FY'01 is over $4.7 billion.
PROCUREMENT:
Includes $60.3 billion for purchase of new weapons in FY'01, reaching the
target
of $60 billion in annual procurement, although below last year's expected
level for FY'01
($61.8
billion). This is $6.1 billion more than the current budget, an increase
of more than 11%.
"READINESS:"
Includes $109.3 billion for the Operations and Maintenance account for
FY'01,
$4.4 billion (5%) more than the current budget, and $5.5 billion more than
was called for
in the
FY'00 spending plan.
CONTINGENCY
OPERATIONS: Contains $2.2 billion for continued operations in
Bosnia
and Kosovo in FY'01, and an additional $2 billion for operations in Southwest
Asia.
Assumes
an emergency supplemental appropriation for U.S. activities in Kosovo during
FY'00.
"PUTTING
PEOPLE FIRST:" Includes 3.7% pay raise in FY'01, in addition to the 4.8%
increase
included in the FY'00 budget. It reduces "out-of-pocket" housing expenses
in FY'01 for
military
members living off-base from 19% to 15% of market prices, and eliminates
these costs by
FY'05.
TACTICAL
AIRCRAFT MODERNIZATION: Includes $7.9 billion in FY'01 for continued
development
and procurement of the Navy's F/A-18E/F Super Hornet, the Air Force's F-22
Raptor,
and the Joint Strike Fighter, up from last year's reqeust of $6.6 billion.
"NUNN-LUGAR:"
Includes $458 million for the Cooperative Threat Reduction program, which
assists
in the dismantlement of nuclear weapons and facilities in Russia and the
former Soviet
republics,
as well as help control the spread of weapons and technology. Additional
funds are
included
in the budgets of the Department of Energy and State.
Retour