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  • biennial budget

    The Fiscal Year (FY) 1986 National Defense Authorization Act (NDAA) required the submission of 2-year budgets for DoD beginning with FY 1988/1989. A biennial budget, as currently structured, represents program budget estimates for a 2-year period in which FY requirements remain separate and distinct. Regardless, the Congress only appropriates Budget Authority (BA) on an annual basis.

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