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 | City | Contract Year | Product or Service | $ Amount | Reduction by 9.0% | Reduction by 18.0% | Kentucky | Radcliff | 2011 | Armor, Personal | $84,625 | -$7,616 | -$15,233 |
Kentucky | Radcliff | 2011 | Badges and Insignia | $10,910 | -$982 | -$1,964 |
Kentucky | Radcliff | 2011 | Clothing, Special Purpose | $4,816 | -$433 | -$867 |
Kentucky | Radcliff | 2011 | Educational Services | $698,481 | -$62,863 | -$125,727 |
Kentucky | Radcliff | 2011 | Luggage | $6,680 | -$601 | -$1,202 |
Kentucky | Radcliff | 2011 | Millwork | $14,370 | -$1,293 | -$2,587 |
Kentucky | Radcliff | 2011 | Outerwear, Men's | $8,835 | -$795 | -$1,590 |
Kentucky | Radcliff | 2011 | Reproduction Services | $11,183 | -$1,006 | -$2,013 |
Kentucky | Radcliff | 2011 | Safety and Rescue Equipment | $13,274 | -$1,195 | -$2,389 |
Kentucky | Radcliff | 2011 | Tech Rep SVCS/Weapons | $1,033,853 | -$93,047 | -$186,094 |
TOTAL | | | | $1,887,027 | -$169,831 | -$339,666 |
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 01:16:08 www.forthecommondefense.org