The United States General Accounting Office examined the Department of Defense's key management controls over excess funds that have become available to the Department because actual inflation has been less than it had estimated. In earlier reports, GAO estimated that between fiscal years 1982 and 1987 the Department realized about $55.8 billion in inflation dividends. Subsequently, the Congress reduced, transferred, or reprogrammed over $7.5 billion of these inflation dividends in fiscal years 1985 through 1987. Our current focus is on the Department's fiscal year 1992 inflation dividend and its fiscal year 1993 budget request. GAO provided preliminary results of our review for markup of the defense appropriations bill so that the potential reductions and recessions could be used in your evaluations....


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    Title :

    DOD Budget: Controls Needed Over Inflation Dividends


    Publication date :

    1992


    Size :

    14 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English





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