Publication

This monograph focuses on the spending policy, deficit and debt, and the retirement and healthcare entitlement dynamics that will make it difficult, if not impossible, to fund defense plans. The author concludes that transformational strategies must be adjusted to accommodate lower and more volatile future spending levels. He contends that the most important adjustment is to shift spending priorities to readiness and traditional modernization needs that are more urgent (in terms of capabilities) than transformational technologies, as well as more predictable and controllable in terms of costs.