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  1. DEF-08 RETIRE ALL BUT FOUR SQUADRONS OF B-52 BOMBERS
  2.  
  3.  
  4.                                    Annual Savings                 Cumulative
  5.                                 (Millions of dollars)              Five-Year
  6. Savings from         -----------------------------------------      Savings
  7. CBO Baseline         1994     1995      1996     1997     1998
  8. ---------------------------------------------------------------------------
  9.  
  10. Savings in Total Federal Budget
  11.  
  12. Budget Authority       30      110       260      480      620       1,500
  13.  
  14. Outlays                20       80       190      370      510       1,170
  15.  
  16. Savings in Defense Budget
  17.  
  18. Budget Authority       30      120       300      550      700       1,700
  19.  
  20. Outlays                20       90       230      430      590       1,360
  21.  --------------------------------------------------------------------------
  22.  
  23. NOTE:  Savings in the federal and Department of Defense budgets differ
  24.        because of the effects of accrual accounting for military retirement
  25.        and other pay costs that are offset in the federal budget.
  26.  
  27. ---------------------------------------------------------------------------
  28.