The full funding policy is a federal budgeting rule imposed on DOD by Congress in the 1950s that requires the entire procurement cost of a weapon or piece of military equipment to be funded in the year in which the item is procured. Although technical in nature, the policy relates to Congress’ power of the purse and its responsibility for conducting oversight of Department of Defense (DOD) programs. Support for the policy has been periodically reaffirmed over the years by Congress, the Government Accountability Office, and DOD.
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Description
The full funding policy is a federal budgeting rule imposed on DOD by Congress in the 1950s that requires the entire procurement cost of a weapon or piece of military equipment to be funded in the year in which the item is procured. Although technical in nature, the policy relates to Congress’ power of the purse and its responsibility for conducting oversight of Department of Defense (DOD) programs. Support for the policy has been periodically reaffirmed over the years by Congress, the Government Accountability Office, and DOD.
This report is part of the following collection of related materials.
Congressional Research Service Reports
The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.
O'Rourke, Ronald & Daggett, Stephen.Defense Procurement: Full Funding Policy - Background, Issues, and Options for Congress,
report,
June 20, 2006;
Washington D.C..
(https://digital.library.unt.edu/ark:/67531/metacrs9689/:
accessed April 26, 2024),
University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu;
crediting UNT Libraries Government Documents Department.
