Wyoming
Defense Breakdown Economic Impact Report
By Contractor Location Data -- Sorted by Type of Business
(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 | Type of Business | Contract Count | $ Amount | Reduction by 9.0% | Reduction by 18.0% | Wyoming | 2011 | -- | 192 | $14,121,565 | -$1,270,941 | -$2,541,882 |
Wyoming | 2011 | JWOD Participating Nonprofit Agency | 3 | $361,206 | -$32,509 | -$65,017 |
Wyoming | 2011 | Local Government Organization | 4 | $440,082 | -$39,607 | -$79,215 |
Wyoming | 2011 | Minority Institution (MI) | 7 | $47,640 | -$4,288 | -$8,575 |
Wyoming | 2011 | Other Educational Institution | 4 | $31,339 | -$2,821 | -$5,641 |
Wyoming | 2011 | Other Nonprofit Institution | 3 | $1,622,481 | -$146,023 | -$292,047 |
Wyoming | 2011 | Small Business 8A Firm Performing in the United States | 19 | $7,132,463 | -$641,922 | -$1,283,843 |
Wyoming | 2011 | Small Disadvantaged Business (SDB) Performing in the United States | 12 | $319,376 | -$28,744 | -$57,488 |
Wyoming | 2011 | State Government Organization | 9 | $29,675 | -$2,671 | -$5,342 |
TOTAL | | | 253 | $24,105,827 | -$2,169,526 | -$4,339,050 |
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 00:13:50 www.forthecommondefense.org