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Iowa

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

(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 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.
     
  • 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 Iowa with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
 

StateCityContract YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
IowaBurlington2011Fans, Air Circulators, & Blower Equip$7,090-$638-$1,276
IowaBurlington2011Guns, 75 MM Through 125 MM$33,166-$2,985-$5,970
IowaBurlington2011Household Furniture$34,106-$3,070-$6,139
IowaBurlington2011Iron & Steel Primary & Semifinished Products$21,629-$1,947-$3,893
IowaBurlington2011Kitchen Hand Tools and Utensils$79,880-$7,189-$14,378
IowaBurlington2011Lodging - Hotel/Motel$7,800-$702-$1,404
IowaBurlington2011Medical & Surgical Instruments, Equip & Supplies$54,556-$4,910-$9,820
IowaBurlington2011Modification of Eq/Metal Bars & Sheets$127,924-$11,513-$23,026
IowaBurlington2011Other Environ SVCS, Studies, & Analytical Support$485,350-$43,682-$87,363
IowaBurlington2011Rings, Shims, And Spacers$10,436-$939-$1,878
IowaBurlington2011Sewage & Waste Facilities$18,764-$1,689-$3,378
IowaBurlington2011Vehicular Cab, Body, Frame Structural Comp$52,680-$4,741-$9,482
TOTAL   $933,381-$84,005-$168,007

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-PoP) February 21, 2013 01:11:09 www.forthecommondefense.org