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Defense Budget > Exam 1 > Flashcards

Exam 1 Flashcards

1
Q

Director of the Army Budget, responsible for formulating the DoA budget is a staff component of:

A

Assistant Sec of the Army FM and C

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2
Q

Organizes budget data by major program

A

program budgeting

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3
Q

bases budgets on program performance

A

performance budgeting

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4
Q

assumes inflation and no change in programs

A

current services budget

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5
Q

start from scratch and reassess what you need budget

A

zero based budget

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6
Q

line item budget. tells what we are going to spend money on up front

A

object of expenditure

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7
Q

best portrays the affordibility of a nation’s investment

A

defense budget as a percent of GDP

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8
Q

common ways of portraying the size of the defense budget (3)

A
  1. constant and current dollars
  2. percent total outlays and percent discretionary outlays
  3. percent of GDP or the federal budget
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9
Q

4th Qtr. Actions

A

monitor unobligated balance’s closely

Review unfunded requirements

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10
Q

Midyear review

A
  • begin distribution of reserve funds
  • review current year execution
  • confirm adequacy of present funding
  • update UFR’s
  • re-allocate funds as required to ensure successful execution and meet emergent UFR’s
  • prepare reprogramming reuests.
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11
Q

sources of revenue for federal budget (4)

A

individual income tax 47%

Payroll Taxes 34%

Corporate Taxes 9.6%

Tariffs and other <9%

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12
Q

provides BA from Treasury to OMB

A

Warrant

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13
Q

provides BA from OMB to DoD

A

Apportionment

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14
Q

Provides BA from DoD to components

A

Allotment

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15
Q

Provides BA from Components to MAJCOMS

A

Allocation

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16
Q

Central budget office for the federal government

A

OMB

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17
Q

Defense appropriations (6)

A

Procurement

RDT&E

O&M

MILCON

MILPERS

Revolving

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18
Q

term for congressional permission to draw funds from the treasury

A

budget authority

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19
Q

Major Force Programs (11)

A
  1. Strategic
  2. GPF
  3. C2, Comms
  4. Mobility
  5. Guard and Reserve
  6. R and D
  7. Central Supply
  8. Training, medical, personnel
  9. Admin
  10. Support to other nations
  11. Specops
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20
Q

an actual expenditure of funds

A

outlay

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21
Q

rate at which budget authority is converted to obligations

A

obligation rate

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22
Q

rate at which budget authority is converted to outlays

A

expenditure rate

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23
Q

BA that has not been obligated

A

unobligated funds

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24
Q

obligated and unobligated funds that have not been expended

A

unexpended funds

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25
current year BA + available prior year BA
TOA - total obligation authority
26
The planning phase of PPBE produces the:
DPPG - Defense planning and programming guidance
27
the programming phase of the PPBE produces the:
POM - program objective memorandum
28
The budget phase of PPBE produces the:
BES - Budget Estimation Submission
29
The Execution phase of the PPBE produces:
Audits and reviews
30
sum of nations borrowing minus all repayments is
national debt
31
3 characteristics of appropriations
purpose, time, amount
32
marginal impact of regressive tax is most felt by
lower income taxpayers
33
shifting funds between programs within the same appropriation account
reprogramming ATR - Above threshold, requires permission BTR - Below threshold, pre-authorized
34
shifting funds between programs in different appropriation accounts
transfer
35
comittment to spend money, a liability
obligation
36
payments, no longer in the TOA
outlays
37
cancels budget authority
rescission
38
Characteristics of the RMD (4)
Resource Management Decision approve, disapprove or change service POMs/BESs signed by DEPSECDEF are directive
39
050 "national defense" is:
a budget function
40
measured in constant dollars
real growth
41
measured in current dollars
nominal growth
42
4 phases of the public budgeting
1. executive preparation 2. legislative consideration 3. executive execution 4. audit and evaluation
43
upper limit on spending
44
lower limit on spending
floor
45
congress provides this through the enactment of appropriations bills
budget authority
46
DoD's 5 year resource and program planning document
FYDP organized by 11 MFPs
47
beginning month of fiscal year
october
48
power of the purse resides with
congress
49
percent of defense spending of federal budget and discretionary portion
20% and 50%
50
in one fiscal year, if budget outlays exceed receipts
deficit
51
in one fiscal year, if revenue exceed expenditures
surplus
52
how congress views defense budget
appropriation titles: proc, o&m, milpers, milcon, rdt&e, revolving
53
how OMB views defense budget
050 national defense
54
how DoD views defense budget
11 MFPs Strat, GPF...Specops
55
Wildavsky's function of public budgeting Incrementalism
# translate resources into purposes make choices b/w competing alternatives seek efficiences contract among stakeholders manage expectations represent governement activity establish precedent spending
56
punctuated equilibrium
fairly stable budgets, disrupted when the status quo is broken and a new agenda is created. 9/11, 2008 financial crisis
57
those years before the current year
PY - prior year
58
the 1-2 fiscal years following the current year
budget years BY
59
fiscal years following budget years
Program Years PrYs
60
3 concurrent budgets at any given time
FY12 - budget execution FY13 defending/adopting the budget requet FY14 developing the budget request
61
Big Three
Medicare - options to avoid solvency: raise eligibility, raise taxes, reduce what is paid, reduce benefits covered. Medicaid - joint federal and state program, health insurance for low income, options: reduce federal contrib, reduce mandatory benefits, reduce additional state benefits, use lower costs and care alternatives Social Security - survivors insurance; baby boomer effect more rx benefits than paying in
62
interest paid on the federal debt in one FY
net intererst
63

Defense Budget (3 decks)

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