Maine
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 Maine 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 Maine with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
| |
State | City | Contract Year | Product or Service | $ Amount | Reduction by 9.0% | Reduction by 18.0% | Maine | Bar Harbor | 2011 | Laboratory Equipment & Supplies | $32,795 | -$2,952 | -$5,903 |
Maine | Bar Harbor | 2011 | Live Animals, Not Raised for Food | $100,723 | -$9,065 | -$18,130 |
Maine | Bar Harbor | 2011 | Lodging - Hotel/Motel | $6,128 | -$552 | -$1,103 |
Maine | Bar Harbor | 2011 | Meteorological Instruments and Apparatus | $8,037 | -$723 | -$1,447 |
Maine | Bar Harbor | 2011 | Other Professional Services | $86,158 | -$7,754 | -$15,508 |
Maine | Bar Harbor | 2011 | RDTE/Biomedical - Applied Research | $69,950 | -$6,296 | -$12,591 |
Maine | Bar Harbor | 2011 | RDTE/Life Sciences - Basic Research | $7,482 | -$673 | -$1,347 |
Maine | Bar Harbor | 2011 | RDTE/Psychological Sciences - Applied Research | $269 | -$24 | -$48 |
TOTAL | | | | $311,542 | -$28,039 | -$56,077 |
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 01:18:59 www.forthecommondefense.org