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Base Realignment and Closure, known as BRAC, is our single most important
reform initiative -- both because it is needed to shrink our infrastructure to match our
21st century needs, and because it promises the greatest savings.
As a result of the
first four rounds of BRAC, the Department of Defense will save $14.5 billion dollars by
2001, with recurring savings of about $5.7 billion each year thereafter. This money is
critical to higher priority programs such as modernization and military readiness.
In the Presidents fiscal year 2000 budget request, two additional rounds of base
closings are requested from Congress.
Because every
community surrounding a military base is affected by its closing, DoD works to minimize
the impact and turn the bases over to communities for use by dynamic, growth-oriented
private enterprises that benefit the community.
Since Ft. Devens, Massachusetts closed in March of 1996 about
2,000 jobs have been created at the Devens Commerce Center located at the former base.
Nationwide sixty percent of the civilian jobs lost from base closings have
been replaced. The number of new jobs grows every year, leading in many communities to far
more jobs than DoD previously provided.