A second study by the Coast Guard that examines its asset needs against the service's long-term strategic goals relies on funding assumptions that remain "optimistic," according to letter to Congress from the Government Accountability Office (GAO). The GAO report says the lower annual funding assumption, $1.2 billion in FY ’09 dollars, is still greater than the service’s past five years of appropriations. That funding level would get the Coast Guard to its program of record in terms of new ships,…
Latest Coast Guard Budget Assumptions Remain High, GAO Says
Defense Daily Staff
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