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 | County | Contract Year | Product or Service | $ Amount | Reduction by 9.0% | Reduction by 18.0% | Tennessee | Scott | 2011 | Drums and Cans | $408,905 | -$36,801 | -$73,603 |
Tennessee | Scott | 2011 | Electrical Control Equipment | $21,108 | -$1,900 | -$3,799 |
Tennessee | Scott | 2011 | Gas Generating and Dispensing Systems | $330,831 | -$29,775 | -$59,550 |
Tennessee | Scott | 2011 | Individual Equipment | $10,500 | -$945 | -$1,890 |
Tennessee | Scott | 2011 | Medical & Surgical Instruments, Equip & Supplies | $84,618 | -$7,616 | -$15,231 |
Tennessee | Scott | 2011 | Prefabricated and Portable Buildings | $15,982 | -$1,438 | -$2,877 |
Tennessee | Scott | 2011 | Tents and Tarpaulins | $12,814,075 | -$1,153,267 | -$2,306,534 |
Tennessee | Scott | 2011 | Transformers: Distribution & Power Station | $67,269 | -$6,054 | -$12,108 |
TOTAL | | | | $13,753,288 | -$1,237,796 | -$2,475,592 |
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 01:54:07 www.forthecommondefense.org