Source: Town Hall
by Hung Cao
“When I served in the Navy, the Bullpen was where we had to balance the Navy’s budget proposal for the President of the United States. We would do these ‘budget drills’ almost every week when an Admiral or Secretary had a bright idea to invest in something new. The challenge was the budget. If we wanted to invest in a new technology, we had to reduce the number of missiles and aircrafts procured, and carefully ensure we did not fall below the economic order of quantity where it actually costs more to produce less. We balanced between capacity (or quantity) and capability (improvements) while maintaining and repairing the aging ships. It’s called ‘adds’ and ‘offsets’ to achieve a zero sum gain.” (11/15/23)