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Colorado

Defense Breakdown Economic Impact Report
By Place of Performance Data -- Sorted by Contracting Office

(FY 2012 Defense Contracts Baseline Data)

Estimated 9% to 18% Annual Budget Reductions Starting in FY 2013

Go to www.forthecommondefense.org/reports to view detailed reports on Colorado counties, cities, Congressional Districts, industries, small businesses and information on sources and methodology.


         BACKGROUND ON THE DEFENSE BUDGET CUTS: 2013-2021

  • Our military is carrying an unfair burden of deficit cuts. To date, our Defense budget has been hit with 50% of deficit reduction -- yet it accounts for less than 20% of total federal spending. As a result of these cuts, in 2012 President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action."
     
  • Sequestration Defense budget cuts of $500 billion, combined with previous Defense cuts of another $487 billion, will cut defense spending in local communities by 9% to 18% between 2013 and 2021.
     
  • These reports show how estimates of defense budget reductions from 9% to 18% could affect Colorado with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
     
  • Alternative solutions have been proposed to maintain a strong defense, reduce our deficit and avoid tax increases. Elected officials have proposed that the President and Congress reduce mandatory entitlement spending and make cuts in the non-security programs in the Federal budget. Over 60% of federal spending goes to entitlements like Social Security, Medicare, Medicaid and now Obamacare.
 

StateCountyContract YearGco$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
ColoradoBroomfield2012374CONS/LGC$4,297-$387-$773
ColoradoBroomfield201247CONS/CC$5,045-$454-$908
ColoradoBroomfield2012ACA, Yuma Proving Ground$6,304-$567-$1,135
ColoradoBroomfield2012AFRL/IFK$149,999-$13,500-$27,000
ColoradoBroomfield2012Commanding General$2,929,630-$263,667-$527,333
ColoradoBroomfield2012Defense Supply Center Philadelphia$31,191-$2,807-$5,614
ColoradoBroomfield2012DSC Columbus$20,397-$1,836-$3,671
ColoradoBroomfield2012DSC Richmond$102,780-$9,250-$18,500
ColoradoBroomfield2012FA8126 OC ALC PKEA$58,086-$5,228-$10,455
ColoradoBroomfield2012Naval Inventory Control Point ME$10,239-$922-$1,843
ColoradoBroomfield2012Naval Research Laboratory$3,768-$339-$678
ColoradoBroomfield2012Naval Sea Systems Command$79,987-$7,199-$14,398
ColoradoBroomfield2012Naval Surface Warfare Center$5,483-$493-$987
ColoradoBroomfield2012USA Engineer Dist Little Rock$77,398-$6,966-$13,932
ColoradoBroomfield2012USPFO for Colorado$87,064-$7,836-$15,672
ColoradoBroomfield2012WR-ALC PKO$99,997-$9,000-$17,999
TOTAL   $3,671,665-$330,451-$660,898

Data sources and more data available at www.governmentcontractswon.com, compiled from public data at www.fpds.gov

Created by the Center for Security Policy Defense Breakdown Economic Impact Report Generator (v.2.8.0-PoP) November 6, 2013 17:56:43 www.forthecommondefense.org