Kentucky
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 Kentucky 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 Kentucky 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% | Kentucky | Harrison | 2011 | Air Conditioning Equip | $40,710 | -$3,664 | -$7,328 |
Kentucky | Harrison | 2011 | Fire Cntl Designating & Indicating Equip | $10,600 | -$954 | -$1,908 |
Kentucky | Harrison | 2011 | Fire Control Computing Sights & Devices | $4,627 | -$416 | -$833 |
Kentucky | Harrison | 2011 | Fire Fighting Equipment | $1,426,933 | -$128,424 | -$256,848 |
Kentucky | Harrison | 2011 | Night Vision Equipment, Emitted and Reflect Radia | $39,930 | -$3,594 | -$7,187 |
Kentucky | Harrison | 2011 | Optical Sighting and Ranging Equipment | $46,830 | -$4,215 | -$8,429 |
Kentucky | Harrison | 2011 | Photographic Equipment and Accessories | $40,055 | -$3,605 | -$7,210 |
Kentucky | Harrison | 2011 | Photographic Projection Equipment | $10,633 | -$957 | -$1,914 |
Kentucky | Harrison | 2011 | RDTE/Fire Prevention & Control-Basic Research | $4,220 | -$380 | -$760 |
Kentucky | Harrison | 2011 | Safety and Rescue Equipment | $52,000 | -$4,680 | -$9,360 |
TOTAL | | | | $1,676,538 | -$150,889 | -$301,777 |
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 01:48:13 www.forthecommondefense.org