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Vermont

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 Vermont 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 Vermont 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.
 

StateCountyContract YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
VermontOrange2012Construction of Dams$9,460-$851-$1,703
VermontOrange2012Construction of Other Non-Building Facilities$19,767-$1,779-$3,558
VermontOrange2012Electrical & Elct Properties Meas & Tst Instrumnts$800-$72-$144
VermontOrange2012Fencing, Fences, And Gates$8,850-$797-$1,593
VermontOrange2012Guard Services$15,829-$1,425-$2,849
VermontOrange2012Landscaping/Groundskeeping Services$68,501-$6,165-$12,330
VermontOrange2012Lumber and Related Basic Wood Materials$41,300-$3,717-$7,434
VermontOrange2012Maint & Repair of Eq/Plumbing & Heating Equipment$55,860-$5,027-$10,055
VermontOrange2012Maint/Highways, Roads, Streets, & Bridges$27,000-$2,430-$4,860
VermontOrange2012Maint/Restoration Activities$12,550,442-$1,129,540-$2,259,080
VermontOrange2012Maintenance of Dams$8,000-$720-$1,440
VermontOrange2012Maintenance of Highways/Roads/Streets/Bridges/Railways$16,900-$1,521-$3,042
VermontOrange2012Maintenance of Recreational Buildings$6,400-$576-$1,152
VermontOrange2012Medical & Surgical Instruments, Equip & Supplies$20,394-$1,835-$3,671
VermontOrange2012Other Architect & Engineering Services$427,416-$38,467-$76,935
VermontOrange2012Paints, Dopes, Varnishes, & Related Product$3,825-$344-$689
VermontOrange2012Repair or Alteration of Dams$1,059,654-$95,369-$190,738
VermontOrange2012Repair or Alteration of Other Non-Building Facilities$127,271-$11,454-$22,909
VermontOrange2012Ship and Boat Propulsion Components$172-$15-$31
VermontOrange2012Trash/Garbage Collection Srvcs-Incl Port San SVCS$5,440-$490-$979
TOTAL   $14,473,281-$1,302,594-$2,605,192

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 19:59:54 www.forthecommondefense.org