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  1. DEF-34 LIMIT MILITARY PAY RAISES
  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      530      700       720      740      760       3,450
  12.  
  13. Outlays               500      690       720      730      750       3,390
  14.  
  15. Savings in Defense Budget
  16.  
  17. Budget Authority      720      950       970      990     1,010      4,640
  18.  
  19. Outlays               680      930       960      980     1,010      4,560
  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.