Presentation by David E. Mosher, Assistant Director for CBO’s National Security Division, at the Professional Services Council’s 2016 Vision Federal Market Forecast Conference.November 16, 2016.

“Pressure on the Department of Defense’s budget in future years will come from external fiscal constraints as well as growth within the department in the costs of weapon systems, manpower, and operation and maintenance. Given those fiscal constraints, if those causes of growth are not addressed, DoD will have to reduce forces, the number of weapons it buys, or operations and readiness.”