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
What Are Refundable Tax Credits?
The cost of refundable tax credits has grown over the past several years, with the number and budgetary impact of the credits increasing.
The Six Largest Corporate Tax Expenditures
Relative to the size of the economy, the U.S. collects less revenues than many other advanced countries. Tax breaks are a contributing reason.
What’s the Difference Between the Trade Deficit and Budget Deficit?
The terms “budget deficit” and “trade deficit” can be conflated, but they are distinct measurements of important fiscal and economic concepts.