Congressional Budget office says Social Security Now Officially Broke

And you still think NASA (or any other federal program) is going to get a lot of money? The Congressional Budget office (CBO) admitted today that Social Security is now officially broke. Key quote:

The CBO’s revenue/expenditure estimates now place the program in permanent deficit. There had been some hope that payroll taxes would recover sufficiently post-recession to put the program back into the black (the theoretical black) for at least a few more years, putting off the day of reckoning for an election cycle or more. No more: The new CBO estimates put Social Security in the red for as far as the eye can see. [emphasis mine]

0 comments

Japan’s IKAROS Solar Sail Mission Extended for a Year

More solar sail news: Japan’s solar sail mission, IKAROS, has been extended for a year. Key quote:

With the extended lease on life, the team will try new navigational tricks, such as varying the sail’s angle toward the sun and changing the craft’s trajectory. Mori called these “risky” maneuvers because they are not sure if the sail will remain fully extended. They intend to model the sail’s behavior and the craft’s response to plan future solar sail missions.

0 comments

Chicago update

Just to note to apologize for the lack of posts the past few days. I have been dealing with family issues (no emergency) that require my time. I shall return sometime today or tomorrow.

4 comments
1 1,396 1,397 1,398 1,399 1,400 1,462