Wyoming
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 Wyoming 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 Wyoming 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% | Wyoming | 2011 | Albany | 29 | $2,749,085 | -$247,418 | -$494,835 |
Wyoming | 2011 | Big Horn | 7 | $3,097,803 | -$278,802 | -$557,605 |
Wyoming | 2011 | Campbell | 3 | $29,289 | -$2,636 | -$5,272 |
Wyoming | 2011 | Converse | 1 | $3,927 | -$353 | -$707 |
Wyoming | 2011 | Fremont | 13 | $283,013 | -$25,471 | -$50,942 |
Wyoming | 2011 | Goshen | 1 | $17,543 | -$1,579 | -$3,158 |
Wyoming | 2011 | Hot Springs | 2 | $18,356 | -$1,652 | -$3,304 |
Wyoming | 2011 | Laramie | 109 | $9,359,732 | -$842,376 | -$1,684,752 |
Wyoming | 2011 | Natrona | 19 | $4,542,759 | -$408,848 | -$817,697 |
Wyoming | 2011 | Platte | 6 | $1,356,338 | -$122,070 | -$244,141 |
Wyoming | 2011 | Sheridan | 29 | $570,895 | -$51,381 | -$102,761 |
Wyoming | 2011 | Teton | 32 | $2,074,230 | -$186,681 | -$373,361 |
Wyoming | 2011 | Washakie | 2 | $2,857 | -$257 | -$514 |
TOTAL | | | 253 | $24,105,827 | -$2,169,524 | -$4,339,049 |
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 00:12:22 www.forthecommondefense.org