Tuesday, July 7, 2009

Look Behind to Look Ahead for Fiscal Policies

So, you think you know how the new federal administration will treat the military budget given this year?

Wrong, according to Lt. Gen. (ret.) Theodore Stroup at today's joint meeting of the Ft. Lewis and Puget Sound* AUSA Chapters. Stroup, currently serves as the Association of the U.S. Army's (AUSA) Vice President of Education and Executive Director for their Institute of Land Warfare.

Stroup says every administration, regardless of party affiliation, inherits the last budget of the "outgone" administration. It's simply a matter of timing required for budget submittal to Congress and the beginning of the federal fiscal year. Stroup says we will have to see the budget for 2011 before we will know the policy implications for the new administration.

As far as looking ahead to future actions goes, Stroup said the Pres. Obama administration has been clear in stating its intent, looking back from recent statements to the campaign policies and speeches.

* Newly renamed in honor: PFC William Kenzo Nakamura Chapter

No comments: