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Ohio

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 Ohio 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 Ohio 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%
OhioHamilton2012ADP Input/Output and Storage Devices$3,240-$292-$583
OhioHamilton2012ADP Software$10,822-$974-$1,948
OhioHamilton2012Bearings, Antifriction, Unmounted$388-$35-$70
OhioHamilton2012Compressors and Vacuum Pumps$5,292-$476-$953
OhioHamilton2012Lease or Rental of Eq/Plumbing & Heating Equipment$90,145-$8,113-$16,226
OhioHamilton2012Lodging - Hotel/Motel$27,968-$2,517-$5,034
OhioHamilton2012Maint & Repair of Eq/Ship & Marine Equipment$21,445-$1,930-$3,860
OhioHamilton2012Miscellaneous Hardware$16,338-$1,470-$2,941
OhioHamilton2012Miscellaneous Ship and Marine Equipment$4,097-$369-$737
OhioHamilton2012Office Furniture$26,364-$2,373-$4,746
OhioHamilton2012Refrigeration Equip$14,800-$1,332-$2,664
TOTAL   $220,899-$19,881-$39,762

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 19:13:55 www.forthecommondefense.org