Strategic Agility Assessment of President's FY2015 Defense Budget
Mar 19, 2014
A new report from the Stimson Center compares the policies proposed in the President’s Fiscal Year 2015 budget proposal to the 27 specific defense recommendations put forth last year by the Defense Advisory Committee (DAC). The report finds that the President's proposal fully incorporates 12 of the DAC's 27 recommendations and partially incorporates another nine.
The recommendations of the 17-member DAC (a panel of former high-ranking military officers, former national security policymakers, and distinguished academics) were originally published in a report titled Strategic Agility. The work was supported by a grant from the Peter G. Peterson Foundation.
Further Reading
United States Is Borrowing at a Higher Rate than the Global Average, Warns IMF
New IMF reports serve as a warning to all countries that global fiscal and economic conditions are veering into dangerous territory.
News from the Quarterly Treasury Refunding Statement
As borrowing has risen, the Treasury has generally been increasing the proportion of bills (maturity of one year or less) in its portfolio of marketable securities.
Quiz: How Much Do You Know About the U.S. Tax System?
The lengthy and complex United States tax code can be difficult to understand. Take our quiz to see how much you really know.