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Guam

Defense Breakdown Economic Impact Report
By Place of Performance Data -- Sorted by Product or Service

(FY 2012 Defense Contracts Baseline Data)

Estimated 9% to 18% Annual Budget Reductions Starting in FY 2013

Go to www.forthecommondefense.org/reports to view detailed reports on Guam 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. As a result of these cuts, in 2012 President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action."
     
  • Sequestration Defense budget cuts of $500 billion, combined with previous Defense cuts of another $487 billion, will cut defense spending in local communities by 9% to 18% between 2013 and 2021.
     
  • These reports show how estimates of defense budget reductions from 9% to 18% could affect Guam with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
     
  • 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. Over 60% of federal spending goes to entitlements like Social Security, Medicare, Medicaid and now Obamacare.
 

StateCityContract YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
GuamTamuning2012ADP Input/Output and Storage Devices$18,278-$1,645-$3,290
GuamTamuning2012Bakery and Cereal Products$695,846-$62,626-$125,252
GuamTamuning2012Dairy Foods and Eggs$5,291,977-$476,278-$952,556
GuamTamuning2012Fruits and Vegetables$858,049-$77,224-$154,449
GuamTamuning2012Lease or Rental of Eq/Prefab Structures$156,038-$14,043-$28,087
GuamTamuning2012Lease or Rental of Eq/Toiletries$195-$18-$35
GuamTamuning2012Lease or Rental of Eq/Vehicles-Trailers-Cycles$20,473-$1,843-$3,685
GuamTamuning2012Lease or Rental of Eq/Vehicular Equipment Comps$6,824-$614-$1,228
GuamTamuning2012Lodging - Hotel/Motel$11,792-$1,061-$2,123
GuamTamuning2012Logistics Support Services$395,034-$35,553-$71,106
GuamTamuning2012Maint & Repair of Eq/Ship & Marine Equipment$9,190-$827-$1,654
GuamTamuning2012Miscellaneous Prefabricated Structures$40,786-$3,671-$7,341
GuamTamuning2012Motor Passenger Service$2,531,621-$227,846-$455,692
GuamTamuning2012Other Education & Training Services$4,443-$400-$800
GuamTamuning2012Passenger Motor Charter Service$14,550-$1,310-$2,619
TOTAL   $10,055,096-$904,959-$1,809,917

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.2.8.0-PoP) November 6, 2013 18:34:34 www.forthecommondefense.org