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Posts Tagged ‘economic impact’

Local Officials Prepare for Cutbacks at Ft. Hood

  • July 15, 2015
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After learning last week that Fort Hood would lose 9 percent of its military population as the Army continues to downsize, officials in central Texas began to address the likely impacts. On Monday, a spokesperson for Killeen said the city had taken into account the pending personnel cutbacks and had budgeted accordingly. “There will absolutely be an impact. Everybody is being conservative,” spokesperson Hillary Shine told KXXV. The school district could experience a drop in enrollment and associated funding from the federal government, but the school system had not yet come up with an estimate of the likely changes …

Executives Concerned about Impact of Ft. Benning Cuts on Local Real Estate Market

  • July 12, 2015
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The conversion of a brigade combat team at Fort Benning into a much smaller maneuver battalion task force as the Army eliminates 40,000 active-duty soldiers over the next three years will harm most sectors of the economy of Columbus, Ga., and surrounding areas. Real estate executives are particularly concerned about the pending loss of 3,402 soldiers at the post. “When you talk about 3,400 troops and then the civilians that will go with that, probably around 2,000, it’s pretty devastating to the apartment investment community,” said Will White, a partner in the Columbus-based apartment development and management company Greystone Properties …

Four Installations Slated for Modest Gains under Army Restructuring

  • July 12, 2015
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With only six installations slated to lose more than 1,000 soldiers as a result of the Army’s latest round of restructuring, many of the 30 communities bracing for severe cuts in personnel were greatly relieved that local installations would suffer a reduction of no more than 400 military personnel. “Today’s announcement could have been much worse, in light of the president’s plan to reduce our military end strength by 40,000 troops,” Rep. John Fleming (R-La.) said last week after the Army announced that Fort Polk would lose 388 soldiers …

Communities Likely to Recover from Loss of Military Presence, Researcher Says

  • July 12, 2015
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As about two dozen communities contemplate the impact of the Army’s announcement last week about new force reductions, a Cato Institute researcher highlights the ability of regions coping with significant cuts in military spending to bounce back. “Communities do adapt and recover, some more quickly than others, and many emerge after the transition period with a robust and more diversified economic base,” Christopher Preble, Cato’s vice president for defense and foreign policy studies, writes in a blog post. Preble’s preliminary conclusion comes at approximately the midway point of a research project assessing how communities responded after local bases were closed through either the BRAC process or other means. He also is looking at the impact of the closure of privately owned and operated facilities that primarily supplied DOD customers …

Communities Dodge Worst Case Scenarios as Army Spreads out Force Reductions

  • July 10, 2015
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All but a few Army installations will be able to avoid dramatic force reductions after the service on Thursday announced its latest round of restructuring needed to shrink its active-duty end strength from 490,000 to 450,000 soldiers in response to stringent spending caps imposed since fiscal 2013. The supplemental programmatic environmental assessment the Army released in June 2014 listed 30 installations that potentially could lose an aggregate of between 2,500 and 16,000 military and civilian personnel by the end of this second round of personnel cuts, but the bulk of communities avoided the worst case outcomes. Only three installations would lose more than 2,500 military personnel, and only six would lose more than 1,000 soldiers …

Army Leaders Hope to Stop Cuts at 40,000 Troops

  • July 9, 2015
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As Army officials began notifying congressional delegations Wednesday about their plans to reduce the force’s active-duty end strength from 490,000 soldiers to 450,000 by the end of fiscal 2017, word began leaking out as to what installations would be affected. A partial tally in the Fayetteville Observer listed nine installations slated to lose from 75 troops to 3,400 as the Army copes with tight fiscal constraints. The largest cuts, of greater than 3,300 personnel, would hit Fort Benning, Ga., and Fort Hood, Texas, according to the account. Joint Base Elmendorf-Richardson, Alaska, would suffer a loss of about 2,600 soldiers. Fort Bliss, Texas, and Joint Base Lewis-McChord, Wash., each would lose about 1,200 troops, according to local reports …

Georgia Senator Pledges to Fight Army Cuts

  • July 9, 2015
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Sen. Johnny Isakson (R-Ga.) vowed to fight the Army’s planned restructuring after learning from Army Secretary John McHugh on Wednesday that two Georgia posts would lose a total of 4,350 soldiers. “I am demanding answers from the Department of Defense on how they are justifying these troop cuts in Georgia,” Isakson said of the Army’s plans to eliminate, on a net basis, 950 soldiers from Fort Stewart and 3,400 troops from Fort Benning. “I have talked in great detail with Secretary McHugh today and will continue to fight to see to it that we preserve every soldier in Georgia that we can …

Pending Army Cuts Underscore Changing Attitudes about BRAC

  • July 8, 2015
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With the Army expected this week to identify up to 30 installations that could lose thousands of personnel, defense communities are bracing for the worst. “We’re on pins and needles,” Carl McLaughlin, executive director of the Fort Drum Regional Liaison Organization, told the Washington Post. “To not create a Detroit-like scenario, we cannot lose soldiers. We’ll feel every soldier we lose,” McLaughlin said. A worst case outcome for Fort Drum would mean the loss of 16,000 soldiers and civilians at the post in New York’s North Country. Counting spouses and children, a third of Jefferson County’s population could disappear …

Governor’s Council Calls for Greater Engagement with California Installations, Communities

  • June 28, 2015
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California officials need to step up their support for military missions in the state by strengthening ties with installations and their host communities, according to a report the Governor’s Military Council released last week. Beyond committing to a sustained focus on California’s 30-plus installations, the state also should focus support to related national security activities, including the aerospace industry, defense contractors, federal laboratories and homeland security missions. DOD spends about $70 billion annually in California and employs 360,000 Californians throughout the state. “California plays an essential role in our national defense,” said Ellen Tauscher, chair of the council. “Our military’s most important testing and training ranges are located here and as defense strategy shifts to the Pacific Region and embraces new technologies, California has become more important than ever to national security …

OEA Plans to Support Communities Coping with Downsizing

  • June 23, 2015
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With more than a dozen communities experiencing downsizing at neighboring military installations over the past several years and further cuts in personnel looming, DOD’s Office of Economic Adjustment is planning to offer financial assistance and other support to affected communities. The agency plans to issue an announcement next month in the Federal Register soliciting communities to apply for grants to address personnel reductions — including military and civilian — of at least 2,000 at local installations, OEA Director Patrick O’Brien said Monday during the OEA Town Hall session at the 2015 Defense Communities National Summit. Communities would be eligible if they suffered the cuts over the past three years or are slated to absorb them over the next three years …

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