Category: Points of Information

Very brief descriptions, with appropriate links, of current or recent news items.

Budget Office: this year’s deficit to hit $1.28 Trillion

11:11 am

According to the Congressional Budget Office, this year’s deficit will be about $1.28 trillion, the third highest deficit in history, exceeded only by the previous two budgets of the Obama administration.

Note also that any cuts mentioned in the above article are not cuts, merely reductions in the overall growth of government. (Another example of a journalist lying for the government.) All told, the federal government will still continue to grow in the next few years at a pace that far exceeds inflation, the economy, or anything you can imagine in the real world.

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NASA’s costs estimates too low for Congress’s heavy-lift rocket

9:55 am

Surprise, surprise! An independent analysis of NASA’s budget estimates to build Congress’s heavy-lift rocket, the program-formerly-called-Constellation, are untrustworthy and likely low.

“All three program estimates assume large, unsubstantiated, future cost efficiencies leading to the impression that they are optimistic,” the team said in its key findings. A risk assessment revealed the funding reserves projected for all three programs are insufficient, according to Booz Allen Hamilton. NASA has not disclosed its internal cost estimate for the Space Launch System. “Due to procurement of items still in development and large cost risks in the out years, NASA cannot have full confidence in the estimates for long-term planning,” the executive summary said.

This project is nothing more than Congressional pork. It will never get built. Sadly, it might waste a lot of money before it never gets built.

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Bigelow in negotiations to supply privately-built modules to ISS

12:59 pm

Bigelow Aerospace is in negotiations with both NASA and Japan to supply ISS with privately-built modules

The module could be rented out as an ISS storage unit, making the station less dependent on frequent resupply flights, says Hiroshi Kikuchi of JAMSS. To show that the modules are capable of safe, crewed operation, Bigelow is also negotiating with NASA to attach one to a US-owned ISS module.

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