Missouri
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 Missouri 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 Missouri 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% | Missouri | Webster | 2011 | Aircraft Ground Servicing Equipment | $66,673 | -$6,001 | -$12,001 |
Missouri | Webster | 2011 | Bearings, Plain, Unmounted | $4,577 | -$412 | -$824 |
Missouri | Webster | 2011 | Bolts | $12,393 | -$1,115 | -$2,231 |
Missouri | Webster | 2011 | Clothing, Special Purpose | $101,422 | -$9,128 | -$18,256 |
Missouri | Webster | 2011 | Hardware, Weapon System | $3,180 | -$286 | -$572 |
Missouri | Webster | 2011 | Miscellaneous Engine Accessories, Aircraft | $11,000 | -$990 | -$1,980 |
Missouri | Webster | 2011 | Miscellaneous Hardware | $47,331 | -$4,260 | -$8,520 |
Missouri | Webster | 2011 | Miscellaneous Power Transmission Equip | $10,417 | -$938 | -$1,875 |
Missouri | Webster | 2011 | Miscellaneous Vehicular Components | $3,525 | -$317 | -$635 |
Missouri | Webster | 2011 | Nails, Keys, And Pins | $18,525 | -$1,667 | -$3,335 |
Missouri | Webster | 2011 | Nuts and Washers | $13,218 | -$1,190 | -$2,379 |
TOTAL | | | | $292,261 | -$26,304 | -$52,608 |
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 01:50:28 www.forthecommondefense.org