Proposal-Budget Process and Evaluation of Department of Defense

Subject: Consumer Behavior

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Paper Type: Assignment

Total Words: 346

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Proposal- Budget Process and Evaluation of Department of Defense

              This paper presents the detailed analysis of the budget process of department of defense (DoD) of United States of America (USA). This paper not only analyzes the budget process and cycle but also shed light on political conflicts confronted in budgeting process, nature of conflicts, trends in spending in recent financial years and its performance in recent years to satisfy citizens and valuation methods used to evaluate the DoD performance over the years. 

            The Army, Navy, and Marine Corps were established in 1775 and Ware department was formed in 1789, which developed to become department of defense (DoD, 2015). This department is controlled by the secretary of defense on advice of President of USA which directs the secretary to equip the forces with capabilities to deter war and protect the national interest and security of homeland.

                 The budget process is part of an effort to support and protect the homeland by making required investments to deter threats to national security and mitigate the effects of potential attacks (O'HANLON, 2015). The DoD accounts for majority of the discretionary spending by the Federal government. The source of budget is Federal government which allocates the tax payers money into defense budgets by the approval of congress. Though, this process has come under intense scrutiny of late as the federal government is approaching fiscal crises.  US defense spending is 4 percent of the gross domestic product while most of the Nato allies of the country fall short of the agreed target of 2 percent.   In recent months, resurgence of Islamic State in Iraq and the Kevant (Isis) had led to debate among American officials to destroy the terrorist group, but without increasing the spending significantly. This paper analyzes the projects pursued by the department and this section will summarize the defense spending on different important missions.  

 

References

  1. DoD. (2015). Retrieved August 26, 2015, from Defence: http://www.defense.gov/About-DoD
  2. O'HANLON, M. (2015, August 25). Retrieved August 26, 2015, from Newsweek: http://www.newsweek.com/importance-defense-spending-economy-365606#

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