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Iowa

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 Iowa 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 Iowa 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.
 

StateCityContract YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
IowaBettendorf2012Air Freight$20,780-$1,870-$3,740
IowaBettendorf2012Arts/Graphics Services$40,949-$3,685-$7,371
IowaBettendorf2012Connectors, Electrical$10,074-$907-$1,813
IowaBettendorf2012Electrical Hardware and Supplies$3,288-$296-$592
IowaBettendorf2012Fittings and Specialties; Hose, Pipe, Tube$3,936-$354-$708
IowaBettendorf2012Hand Tools, Edged, Nonpowered$5,143-$463-$926
IowaBettendorf2012Hand Tools, Nonedged, Nonpowered$40,191-$3,617-$7,234
IowaBettendorf2012Inspection Gages & Precision Layout Tools$12,508-$1,126-$2,251
IowaBettendorf2012Lease/Rental of Conference Space and Facilities$3,080-$277-$554
IowaBettendorf2012Lodging - Hotel/Motel$87,452-$7,871-$15,741
IowaBettendorf2012Lumber and Related Basic Wood Materials$132,626-$11,936-$23,873
IowaBettendorf2012Miscellaneous Furniture and Fixtures$15,714-$1,414-$2,829
IowaBettendorf2012Miscellaneous Hardware$20,594-$1,853-$3,707
IowaBettendorf2012Miscellaneous Maint & Repair Shop Specilized Eq$6,231-$561-$1,122
IowaBettendorf2012MSL Aircraft Accessories and Components$11,489-$1,034-$2,068
IowaBettendorf2012Nails, Keys, And Pins$15,886-$1,430-$2,859
IowaBettendorf2012Nuts and Washers$3,660-$329-$659
IowaBettendorf2012Other Education & Training Services$65,961-$5,936-$11,873
IowaBettendorf2012Other Utilities$753-$68-$136
IowaBettendorf2012Packing and Gasket Materials$4,079-$367-$734
IowaBettendorf2012Plastics Fabricated Materials$4,990-$449-$898
IowaBettendorf2012Plywood and Veneer$48,901-$4,401-$8,802
IowaBettendorf2012Pressure, Temp, & Humidity Meas & Contrling Instru$5,971-$537-$1,075
IowaBettendorf2012Production Jigs, Fixtures and Templates$1,050-$95-$189
IowaBettendorf2012Rings, Shims, And Spacers$7,250-$653-$1,305
IowaBettendorf2012Safety and Rescue Equipment$26,624-$2,396-$4,792
IowaBettendorf2012Sets, Kits, And Outfits of Measuring Tools$3,193-$287-$575
IowaBettendorf2012Vehicular Brake, Steering, Axle Wheel Comp$663,516-$59,716-$119,433
TOTAL   $1,265,889-$113,928-$227,859

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 18:35:18 www.forthecommondefense.org