U.S. Defense Secretary Chuck Hagel is pushing for a smaller military... And that could have a huge impact on the economy in the Valdosta-Lowndes County area.

With a potential Base Realignment and Closure looming in 2015, Valdosta, Lowndes County and the surrounding area is at risk of losing a key part of its economy...Moody Air Force Base.

"Moody is a tremendous part of our local economy," said Myrna Ballard, President of the Valdosta-Lowndes County Chamber of Commerce. "There are businesses in Valdosta who depend on Moody personnel for, some of them, nearly half of their total sales each year."

Moody Air Force Base contributes nearly $450 million dollars to the local economy annually.

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