Washington
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 Washington 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 Washington 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% | Washington | Edmonds | 2011 | Engineering Technical Services | $4,950 | -$446 | -$891 |
Washington | Edmonds | 2011 | Individual Equipment | $61,925 | -$5,573 | -$11,147 |
Washington | Edmonds | 2011 | Landing Craft | $240,361 | -$21,632 | -$43,265 |
Washington | Edmonds | 2011 | Miscellaneous Hardware | $55,110 | -$4,960 | -$9,920 |
Washington | Edmonds | 2011 | Miscellaneous Power Transmission Equip | $4,542 | -$409 | -$818 |
Washington | Edmonds | 2011 | Packing and Gasket Materials | $82,950 | -$7,466 | -$14,931 |
Washington | Edmonds | 2011 | Pressure, Temp, & Humidity Meas & Contrling Instru | $8,170 | -$735 | -$1,471 |
Washington | Edmonds | 2011 | Radio & TV Comm Equipment, Except Airborne | $10,963 | -$987 | -$1,973 |
Washington | Edmonds | 2011 | Simulation | $62,000 | -$5,580 | -$11,160 |
Washington | Edmonds | 2011 | Switches | $3,740 | -$337 | -$673 |
TOTAL | | | | $534,711 | -$48,125 | -$96,249 |
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 01:40:59 www.forthecommondefense.org