Connecticut
Defense Breakdown Economic Impact Report
By Contractor Location Data -- Sorted by County
(FY 2011 Defense Contracts Baseline Data)
Includes Estimated 9% Annual Budget Reduction
And
Estimated 18% Sequestration Annual Budget Reduction
Starting in FY 2013
Go to www.forthecommondefense.org/reports to view detailed reports on Connecticut 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.
- Earlier Budget Cuts: the first 9% Defense Budget Reduction: Defense budgets for 2013-2021 were cut $487 billion -- an average 9% cut over 9 years. In 2012, President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action."
- Sequestration Budget Cuts: the second 9% Defense Budget Reduction: "Sequestration," also required by law in 2011, mandates $500 billion more in 2013-2021 defense cuts -- an average total 18% cut. In 2011 President Obama said "I will veto any effort to get rid of those automatic spending cuts."
- 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.
- Be Prepared: These reports show how estimates of 2013 defense budget reductions of 9% and 18% could affect Connecticut with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
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State | Contract Year | County | Contract Count | $ Amount | Reduction by 9.0% | Reduction by 18.0% | Connecticut | 2011 | -- | 14 | $412,723 | -$37,145 | -$74,290 |
Connecticut | 2011 | Fairfield | 2,513 | $4,546,362,389 | -$409,172,631 | -$818,345,263 |
Connecticut | 2011 | Hartford | 2,535 | $3,291,570,996 | -$296,241,401 | -$592,482,803 |
Connecticut | 2011 | Litchfield | 405 | $44,437,142 | -$3,999,343 | -$7,998,686 |
Connecticut | 2011 | Middlesex | 622 | $60,423,823 | -$5,438,144 | -$10,876,289 |
Connecticut | 2011 | New Haven | 1,678 | $149,049,055 | -$13,414,415 | -$26,828,831 |
Connecticut | 2011 | New London | 744 | $4,459,496,148 | -$401,354,669 | -$802,709,339 |
Connecticut | 2011 | Tolland | 175 | $22,136,921 | -$1,992,323 | -$3,984,646 |
Connecticut | 2011 | Windham | 119 | $9,675,726 | -$870,815 | -$1,741,631 |
TOTAL | | | 8,805 | $12,583,564,923 | -$1,132,520,886 | -$2,265,041,778 |
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.2.7.0-CL) February 21, 2013 00:11:44 www.forthecommondefense.org