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  1. DEF-16 REDUCE THE NUMBER OF AIRCRAFT CARRIER BATTLE GROUPS TO 10
  2.  
  3.                                    Annual Savings                 Cumulative
  4.                                 (Millions of dollars)              Five-Year
  5. Savings from         -----------------------------------------      Savings
  6. CBO Baseline         1994     1995      1996     1997     1998
  7. ---------------------------------------------------------------------------
  8.  
  9. Savings in Total Federal Budget
  10.  
  11. Budget Authority      570     4,980     2,680    3,690    4,460     16,380
  12.  
  13. Outlays               410     1,510     2,670    3,850    4,560     13,000
  14.  
  15. Savings in Defense Budget
  16.  
  17. Budget Authority      650     5,210     3,030    4,180    5,040     18,110
  18.  
  19. Outlays               480     1,730     3,010    4,310    5,130     14,660
  20.  --------------------------------------------------------------------------
  21.  
  22. NOTE:  Savings in the federal and Department of Defense budgets differ
  23.        because of the effects of accrual accounting for military retirement
  24.        and other pay costs that are offset in the federal budget.
  25.  
  26. ---------------------------------------------------------------------------
  27.