Tennessee
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 Tennessee 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 Tennessee 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% | Tennessee | Celina | 2011 | Air Conditioning Equip | $32,485 | -$2,924 | -$5,847 |
Tennessee | Celina | 2011 | Milling Machines | $8,650 | -$779 | -$1,557 |
Tennessee | Celina | 2011 | Misc Engine Accessories, Nonaircraft | $19,698 | -$1,773 | -$3,546 |
Tennessee | Celina | 2011 | Misc Service and Trade Equipment | $52,850 | -$4,757 | -$9,513 |
Tennessee | Celina | 2011 | Miscellaneous Power Transmission Equip | $14,935 | -$1,344 | -$2,688 |
Tennessee | Celina | 2011 | Motorcycles, Motor Scooters and Bicycles | $14,448 | -$1,300 | -$2,601 |
Tennessee | Celina | 2011 | Personal Services Contracts | $25,966 | -$2,337 | -$4,674 |
Tennessee | Celina | 2011 | Program Management/Support Services | $142,436 | -$12,819 | -$25,638 |
Tennessee | Celina | 2011 | Tractor, Full Tracked, Low Speed | $13,900 | -$1,251 | -$2,502 |
Tennessee | Celina | 2011 | Wire and Cable, Electrical | $14,251 | -$1,283 | -$2,565 |
TOTAL | | | | $339,619 | -$30,567 | -$61,131 |
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 01:35:21 www.forthecommondefense.org