Indiana
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 Indiana 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 Indiana 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 | County | Contract Year | Product or Service | $ Amount | Reduction by 9.0% | Reduction by 18.0% | Indiana | Jackson | 2011 | Air Conditioning Equip | $12,078 | -$1,087 | -$2,174 |
Indiana | Jackson | 2011 | Antennas, Waveguides & Related Equipment | $2,708 | -$244 | -$487 |
Indiana | Jackson | 2011 | Dairy Foods and Eggs | $3,105,479 | -$279,493 | -$558,986 |
Indiana | Jackson | 2011 | Disks and Stones, Abrasive | $727,485 | -$65,474 | -$130,947 |
Indiana | Jackson | 2011 | Liquid Propellants & Fuel, Petroleum Base | $7,941 | -$715 | -$1,429 |
Indiana | Jackson | 2011 | Locomotive & Rail Car Accessories & Comps | $3,207 | -$289 | -$577 |
Indiana | Jackson | 2011 | Lumber and Related Basic Wood Materials | $14,201 | -$1,278 | -$2,556 |
Indiana | Jackson | 2011 | Maint & Repair of Eq/Railway Equipment | $38,972 | -$3,507 | -$7,015 |
Indiana | Jackson | 2011 | Right-of-Way Const and Maint Eq, Railroad | $5,760 | -$518 | -$1,037 |
TOTAL | | | | $3,917,831 | -$352,605 | -$705,208 |
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 01:47:23 www.forthecommondefense.org