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Colorado

Defense Breakdown Economic Impact Report
By Place of Performance Data -- Sorted by Product or Service

(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 YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
ColoradoLas Animas2012Archeological/Paleontological Studies$35,940-$3,235-$6,469
ColoradoLas Animas2012Construction of Other Utilities$11,207-$1,009-$2,017
ColoradoLas Animas2012Fuels, Solid$10,314-$928-$1,857
ColoradoLas Animas2012Hazardous Substance Removal/Cleanup/Disposal SVCS$35,166-$3,165-$6,330
ColoradoLas Animas2012Maintenance of Highways/Roads/Streets/Bridges/Railways$128,900-$11,601-$23,202
ColoradoLas Animas2012Maintenance of Office Buildings$117,727-$10,595-$21,191
ColoradoLas Animas2012Mineral Construction Materials, Bulk$7,311-$658-$1,316
ColoradoLas Animas2012Other Miscellaneous Buildings$97,000-$8,730-$17,460
ColoradoLas Animas2012Photogrammetry Services$85,018-$7,652-$15,303
ColoradoLas Animas2012Pyrotechnics$59,565-$5,361-$10,722
ColoradoLas Animas2012Recreational and Gymnastic Equipment$9,648-$868-$1,737
ColoradoLas Animas2012Repair or Alteration of Recreation Facilities (Non-Building)$68,000-$6,120-$12,240
ColoradoLas Animas2012Road Clearing, Cleaning, And Marking Equipment$5,361-$482-$965
ColoradoLas Animas2012Structural Shapes, Nonferrous Base Metal$9,353-$842-$1,684
ColoradoLas Animas2012Winches, Hoists, Cranes, And Derricks$9,712-$874-$1,748
TOTAL   $690,222-$62,120-$124,241

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 19:40:01 www.forthecommondefense.org