New York
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 New York 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 York 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% | New York | Purchase | 2011 | Air Charter for Things | $629,200 | -$56,628 | -$113,256 |
New York | Purchase | 2011 | Air Freight | $2,883,554 | -$259,520 | -$519,040 |
New York | Purchase | 2011 | Beverages, Nonalcoholic | $6,569,580 | -$591,262 | -$1,182,524 |
New York | Purchase | 2011 | Earth Moving and Excavating Equipment | $59,660 | -$5,369 | -$10,739 |
New York | Purchase | 2011 | Electrical & Elct Boards, Cards & Asscted Hrdwre | $25,924 | -$2,333 | -$4,666 |
New York | Purchase | 2011 | Microcircuits, Electronic | $4,528 | -$408 | -$815 |
New York | Purchase | 2011 | Miscellaneous Construction Materials | $83,024 | -$7,472 | -$14,944 |
New York | Purchase | 2011 | Motor Passenger Service | $375,000 | -$33,750 | -$67,500 |
New York | Purchase | 2011 | Passenger Air Charter Service | $2,580,000 | -$232,200 | -$464,400 |
New York | Purchase | 2011 | Specialized Shipping & Storage Containers | $54,720 | -$4,925 | -$9,850 |
TOTAL | | | | $13,265,190 | -$1,193,867 | -$2,387,734 |
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 01:29:26 www.forthecommondefense.org