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This report documents a study of Air Force financial management options and management implications of the use of outlay controls in the U.S. government budget. It explores the possible range of outlay controls that might be instituted, examines constraints that the Air Force encounters in trying to manage programs within such controls, and suggests courses of action and an overall management strategy for effectively coping with outlay controls, should they be imposed. The report identifies three steps that would have to be taken in preparation for the institution of outlay controls: (1) initiate work to bring outlay planning considerations into the program planning and budgeting process (including improved forecasting and tracking methods); (2) identify intra-year adjustment measures and their effects, and establish a priority list for them; and (3) establish a central authority for deciding when to implement intra-year adjustment measures and which specific measures to use.

This report is part of the RAND Corporation report series. The report was a product of the RAND Corporation from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.

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