Defense Procurement: Full Funding Policy -- Background, Issues, and Options for Congress
Description:
The full funding policy is a federal budgeting rule imposed on the Department of Defense (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. This policy relates to Congress's power of the purse and its responsibility for conducting oversight of DOD programs. In recent years, some DOD weapons--specifically, certain Navy ships--have not been procured in accordance with the above…
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Date:
June 20, 2006
Creator:
O'Rourke, Ronald & Daggett, Stephen
Item Type:
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Partner:
UNT Libraries Government Documents Department