The 2005 base closing list, if adopted by the independent Base Realignment and Closure Commission, Congress and the president, will result in $5.5 billion in recurring annual savings, Rumsfeld said. Net savings over 20 years will total $48 billion. Adding in changes from closing overseas bases and bringing troops back to the United States brings the total to $6.7 billion per year, or $64.2 billion over two decades, Rumsfeld said.
The "global posture review" recently completed by the Pentagon "informed BRAC deliberations in important ways," Rumsfeld said. Those deliberations, he said, involved tens of thousands of hours of staff time to analyze 25 million pieces of data.
Military communities around the country have been anxiously awaiting announcement of the BRAC list that will come Friday morning. Lawmakers will be first notified by 9:15 a.m. and then the Pentagon will hold a briefing to announce its BRAC recommendations at 10:30 a.m.
The nine-member BRAC panel will begin reviewing the list next week and give its final recommendations to the president by no later than Sept. 8. The president and Congress then must accept or reject the list in its entirety.