New Hampshire
Defense Breakdown Economic Impact Report
By Contractor Location Data -- Sorted by County
(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 New Hampshire 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 New Hampshire 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 | Contract Year | County | Contract Count | $ Amount | Reduction by 9.0% | Reduction by 18.0% | New Hampshire | 2011 | Belknap | 277 | $7,948,315 | -$715,348 | -$1,430,697 |
New Hampshire | 2011 | Carroll | 15 | $367,235 | -$33,051 | -$66,102 |
New Hampshire | 2011 | Cheshire | 119 | $6,169,871 | -$555,288 | -$1,110,577 |
New Hampshire | 2011 | Coos | 14 | $272,159 | -$24,494 | -$48,989 |
New Hampshire | 2011 | Grafton | 738 | $54,097,439 | -$4,868,770 | -$9,737,539 |
New Hampshire | 2011 | Hillsborough | 948 | $962,774,696 | -$86,649,726 | -$173,299,452 |
New Hampshire | 2011 | Merrimack | 133 | $8,000,271 | -$720,024 | -$1,440,049 |
New Hampshire | 2011 | Rockingham | 1,026 | $140,427,972 | -$12,638,518 | -$25,277,036 |
New Hampshire | 2011 | Strafford | 179 | $4,180,566 | -$376,251 | -$752,502 |
New Hampshire | 2011 | Sullivan | 579 | $62,573,570 | -$5,631,622 | -$11,263,243 |
TOTAL | | | 4,028 | $1,246,812,094 | -$112,213,092 | -$224,426,186 |
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-CL) February 21, 2013 00:12:05 www.forthecommondefense.org