Slow and Steady: Analysis of the 2022 Defense Budget Request

In May 2021, the Pentagon presented its first budget request to the Biden Administration, proposing a $715 billion topline for Fiscal Year 2022, representing a 0.2 percent real decrease relative to the previous fiscal year. In a shift from previous budgets, the request also included contingency operations costs within DoD's base budget, eliminating the separate Other Contingency Operations (OCO) account that has supplemented the Defense Department's budget for two decades.