More Democrats Join Threat to Hold Up Debt Ceiling Vote Without Spending Cuts
This is hopeful news: More Democrats are threatening to hold up the debt ceiling vote unless there are more spending cuts.
Tag: budget
Funding for final shuttle flight assured
Funding for the final shuttle flight this summer is now assured.
Federal Borrowing on Pace to Hit Debt Limit in Less Than Week
Time is running out: Federal borrowing is on a pace to reach the debt limit in less than a week.
Investigation of doctors who issued fake sick notes in Wisconsin goes forward
The investigation of doctors who issued fake sick notes to union protesters in Wisconsin goes forward.
Government Cash Handouts Now Top Tax Revenues
Time is truly running out: The federal government’s cash handouts to all households now exceed what those households pay in tax.
Budget chaos at NASA causes ESA to halt work on its own Mars orbiter and rover
Sounds crazy, but it’s true: The budget chaos at NASA has caused the ESA to halt work on its own Mars orbiter and rover.
Orion Program Shrinking To Save Money, Time
More on the incredibly shrinking Orion program.
It ain’t gonna fly, and if I’m wrong and it does, it will accomplish little in the process — except spend a lot of pork money we no longer can afford.
State agency spends $73,000 giving out “6,000 red superhero capes” to the unemployed
Our government at work: Red superhero capes for the unemployed!
NASA Awards Next Set Of Commercial Crew Development Agreements
NASA has awarded the next set of commercial crew development agreements, giving contracts worth from $22 to $92 million to four companies, Blue Origin, Sierra Nevada, SpaceX, and Boeing. More here and here.
The amounts that NASA is giving these companies is minuscule, compared the monies spent on the program-formerly-called-Constellation. Yet I bet they all get their rockets/capsules launched and in operation, supplying cargos and crews to low Earth orbit, before NASA even test fires its heavy-lift rocket.
Bolden says Orion to be scaled back
Surprise! NASA administrator Charles Bolden told lawmakers on Monday that with the new budget the Orion capsule had to be scaled back somehow.
Watch over the next few years as Orion and the new heavy-lift vehicle (the program-formerly-called-Constellation) slowly evaporate, even as both cost us billions in money we no longer can afford.
“Our current unfunded entitlement liabilities run about $100 trillion.”
Federal funding for IPCC back in budget
The pigs win: Funding for the IPCC restored to budget in 2011 budget deal.