Presentation by Jaeger Nelson, Chief of CBO’s Fiscal Studies Unit, at the 72nd Annual Economic Outlook Conference of the University of Michigan’s Research Seminar in Quantitative Economics.

    

CBO analyzes the Department of Defense’s plans for 2025 to 2029 as presented in the 2025 Future Years Defense Program. Under those plans, CBO projects, defense costs would increase by 11 percent between 2029 and 2039.

    

Since 2003, CBO has projected the Department of Defense’s costs for the 10 to 15 years beyond those covered in the Future Years Defense Program’s five-year plan. This report describes some of the methods CBO uses to make those projections.

    

As ordered reported by the House Committee on Science, Space, and Technology on June 13, 2024

    

Presentation by Christopher Adams, an analyst in CBO’s Health Analysis Division, at the Federal Reserve Bank of Boston.