What Is The DOD Budget For 2020?

by | Last updated on January 24, 2024

, , , ,

$718.3 billion

How much does the DOD spend on healthcare?

In 2018, the U.S. government spent more on healthcare than any other country, at 14.3 percent of GDP. In the same year, U.S. military expenditure was 3.3 percent of GDP.

What is the annual US defense budget?

$686.1 billion

How is the Defense Health Program funded?

More than $9 billion of that goes to care provided by the military, and nearly $16 billion is paid out to the private sector. The rest of the funding goes to research, maintenance and other things like training. The CARES Act gave DHP an extra $2.2 billion in 2020.

What is Defense Health Program?

The Defense Health Program (DHP) Operation and Maintenance (O&M) appropriation funding provides for worldwide medical and dental services to active forces and other eligible beneficiaries, veterinary services, occupational and industrial health care, specialized services for the training of medical personnel, and ...

What is a DOD budget activity?

Consists of all efforts funded from an RDT&E appropriation account. Coincident with the transmittal of the President’s Budget (PB), the USD(C) provides the DoD Oversight Committees of Congress a listing of all RDT&E Programs called the “R-1 Form”. ...

What are the major DoD Appropriations categories?

DoD receives many appropriations, most of which can be grouped into the five major categories: Research, Development, Test and Evaluation (RDT&E); Procurement; Operation and Maintenance (O&M); Military Personnel (MILPERS); and Military Construction (MILCON).

What is a budget activity code?

A Budget Activity (BA) is a category within each appropriation and fund account that identifies the purposes, projects, or types of activities financed by the appropriation or fund.

What is RDT&E?

Development, Test and Evaluation (RDT&E) Program is. the primary mechanism by which DoD achieves this goal. The mission of the PSE RDT&E Program is to provide the. Military Services and other DoD agencies with adequate. planning, programming, and funding support for valid.

What are 6.3 funds?

Budget activity code 6.1 is for basic research; 6.2 is for applied research; 6.3 is for advanced technology development; 6.4 is for advanced component development and prototypes; 6.5 is for systems development and demonstration; 6.6 is for RDT&E management support; 6.7 is for operational system development; and 6.8 is ...

What can R&D funds be used for?

It’s used to develop equipment, material, or computer application software and its Development Test and Evaluation (DT&E) and Initial Operational Test and Evaluation (IOT&E). There is an RDT&E Appropriation Category for each service.

What are 3600 funds?

Funds for Air Force operations are made available by Congress through a variety of appropriations: Investment Appropriations: Research, Development, Test, and Evaluation (RDT&E) (3600)

What is the difference between Oma and Opa funds?

OPA is used for investments, while OMA is used for expenses. 2 states, “Investments are the costs that result in the acquisition of, or an addition to, end items. These costs benefit future periods and generally are of a long-term character such as real property and personal property.”

How long are OMA funds good for?

Period of availability. Operation and maintenance (O&M) funds are available for 1 year, procurement appropriations for 3 years, and construction funds for 5 years.

What is the bona fide rule?

Definition: The bona fide needs rule is a rule of appropriations law. It mandates that a fiscal year’s appropriations only be obligated to meet a legitimate—or bona fide—need arising in (or sometimes before) the fiscal year for which the appropriation was made.

What happens to the funds after the period expires?

A. Expired funds retain their fiscal year identity for 5 years after the time an appropriation expires (see Chapter 13, subparagraph 130208. B of this volume). Certain appropriations are available for obligation for a specific period, i.e., annual and multiyear appropriations.

How long are 3400 funds good for?

Appropriation Numerical Codes

What are the 3 phases of appropriation life cycle?

Each appropriation category has three distinct periods during its lifecycle: current period, expired period, and cancelled period.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.