Tag Archives: 2012 budget

The Congressional Budget Office yesterday projected this year’s deficit will be $1.1 trillion dollars, making it the fourth year in a row that the deficit has broken the trillion dollar ceiling

The day of reckoning looms: The Congressional Budget Office yesterday projected this year’s deficit to be $1.1 trillion dollars, making it the fourth year in a row that the deficit has broken the trillion dollar ceiling.

In the entire history of the U.S. the deficit never exceeded one trillion dollars, until Barack Obama became president. In fact, it never came close until Obama arrived.

According to scientists, Obama’s proposed budget — to be announced on Monday — will cut the planetary program severely.

According to scientists, Obama’s proposed budget — to be announced on Monday — will severely cut NASA’s planetary program.

We will find out if this is true on Monday. However, I suspect it is, as all the rumors have pointed that way for months.

Meanwhile, Congress is forcing NASA to spend $3 billion on the Space Launch System (SLS), a rocket that will never get finished. As I have written previously, this is a very bad use of the taxpayer’s money. Better to get rid of SLS, put half the savings into the science program (which would almost certainly increase its overall budget) and pocket the rest as budget savings.

Senate appropriations committee has capped Webb Telescope budget

The Senate appropriations this week recommended capping the budget for the James Webb Space Telescope at $8 billion, less than the $8.7 billion that NASA now thinks is required to finish the telescope.

The committee also recommended a budget of $17.9 billion for NASA, about $1 billion less than the House recommendation and about a half billion less than NASA’s 2011 budget. If the Senate numbers are adopted, it would bring NASA’s budget back to the budget it received in 2008.