Louisiana
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 Louisiana 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 Louisiana 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% | Louisiana | Vidalia | 2011 | All Other Non-Building Facilities | $6,784,255 | -$610,583 | -$1,221,166 |
Louisiana | Vidalia | 2011 | Architect-Engineering Services | $24,770 | -$2,229 | -$4,459 |
Louisiana | Vidalia | 2011 | Clothing, Special Purpose | $3,390 | -$305 | -$610 |
Louisiana | Vidalia | 2011 | Landscaping/Groundskeeping Services | $253,770 | -$22,839 | -$45,679 |
Louisiana | Vidalia | 2011 | Lease or Rental of Eq/Pumps & Compressors | $161,938 | -$14,574 | -$29,149 |
Louisiana | Vidalia | 2011 | Lumber and Related Basic Wood Materials | $42,226 | -$3,800 | -$7,601 |
Louisiana | Vidalia | 2011 | Restoration Activities | $52,482 | -$4,723 | -$9,447 |
Louisiana | Vidalia | 2011 | Structural Shapes, Iron and Steel | $153,779 | -$13,840 | -$27,680 |
TOTAL | | | | $7,476,610 | -$672,893 | -$1,345,791 |
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 01:16:54 www.forthecommondefense.org