The war over NASA pork begins: Congressman Bill Posey (R-Florida) condemned Obama’s NASA budget today for not giving the program-formerly-called-Constellation more money.
USA Today calls Obama’s budget cuts lame.
That a mainstream newspaper like USA Today is calling for more cuts than Obama suggests strongly that the Republicans in Congress have all the momentum and should push hard for every cut they can.
The chances of a government shutdown increase. This is good news, as far as I’m concerned.
To avoid confusion, I want to clarify why I consider Obama’s commercial space budget proposal today to be a decrease, not an increase, from past budget proposals. The history of this budget goes like this:
It is almost certain that Congress will trim these numbers. Meanwhile, the amount of money to the program-formerly-called-Constellation goes up.
Update: See my partial retraction here.
The NASA budget announced today by the White House proves how right I was when I stated back on July 8, 2010 that I had no faith in Obama’s new-found commitment to private commercial space. The new budget reduces the funds for private commercial space while putting the bulk of its support behind the unbuildable program-formerly-called Constellation. First read what I wrote in July:
The problem is that I simply do not believe the Obama administration. Everything I have learned about the current President, including the specifics (or lack thereof) of his proposal, tells me that none of his promises are going to be fulfilled. » Read more
Obama sends Congress his $3.73 trillion budget proposal.
Note that today is budget announcement day in Washington. The Obama administration is releasing its proposed federal budget for 2012, available for Congress to accept, revise, reject, change, or ignore. More shortly on what this means for NASA.
Debt now equals total U.S. economy. And that’s according to the Obama administration!
It ain’t enough but I like the trend: Obama’s new budget to be released tomorrow will promise $1.1 trillion in deficit reduction over next decade.
Bernanke to Congress: We’re much closer to total destruction than you think. Key quote:
One way or the other, fiscal adjustments sufficient to stabilize the federal budget must occur at some point. The question is whether these adjustments will take place through a careful and deliberative process that weighs priorities and gives people adequate time to adjust to changes in government programs or tax policies, or whether the needed fiscal adjustments will come as a rapid and painful response to a looming or actual fiscal crisis.
House Republicans propose even deeper NASA cuts.
The government free ride is ending. If you want us to go into space, you better consider buying a ticket.
Keep those cuts coming! The House GOP today released its 2011 spending bill, claiming to include $100 billion in cuts. It seems that everyone gets hit, even defense. Worst hit, however, is EPA, with a 29% reduction from its 2010 budget.
You can see the summary here. [pdf]
Now for some squealing from the “press”: Tea Party freshmen may rue $100B in cuts. I like this comment in response to the story:
Where was the press when Democrats passed $800 billion in useless stimulus? Where were they when unemployment shot up and over the 8% limit Democrats said we would reach without the lame stimulus? They sure jump up when you come up short on $100 billion in cuts…good luck and go after entitlements, please.
Change! The House kills a decades-old $2.4 billion pork program. Key quote:
The Trade Adjustment Assistance program dates back to the Kennedy-era Trade Expansion Act of 1962 and was expanded under the 1974 Trade Act, signed into law by Gerald Ford. It was the kind of bipartisan program thought to be bulletproof. In the last session, it went from a small program, designed to aid workers displaced by foreign trade, to a huge $2.4 billion pork program providing laid-off workers with 156 weeks of “income support,” subsidies and even education.
SpaceX has put the Dragon 9 space capsule that flew in space on display in D.C. Though it is really cool that they are making the capsule so available to the public, this quote tells us the real story:
With Congress preparing in the weeks ahead to again address the question of government contracts for commercial space businesses such as SpaceX, the company wanted to give it (and attendees of the nearby FAA Commercial Space Transportation Conference) an opportunity to see the capsule. Members of Congress and of the Obama administration were invited to attend a Thursday evening viewing, and company officials said the response has been enthusiastic.
Keep this momentum going! The House Republican leadership was forced this week to increase its proposed budget cuts to $100 billion because of tea party movement pressure, both in the House and back at home. Key quote from this New York Times report:
The reversal was the most concrete demonstration yet that the wave of fiscal conservatives who catapulted Republicans into the House majority is reshaping the political and policy calculations being made by the party leadership.
Repeal the damn bill! The director of the Congressional Budget Office admitted today that Obamacare will destroy about 800,000 jobs.
The revolt of the freshman Republicans is working: The House science panel is going to revisit its budget cut proposals for science from yesterday and find ways to cut more.
This is truly hopeful news: Freshman GOP to leadership: Business as usual is over.
Stand by for oinks! The House spending plan would cut billions from federal research agencies such as NIH, NSF, NOAA, NASA, and a host of Department of Energy programs. Specifics at the link.
Repeal the damn bill! The House will vote next week to block all funds to Obamacare.
Oink-oink! Senate Democrats met with lobbyists and special interest groups in a big closed-door meeting on January 24 to plan their opposition to any spending cuts. Key quote:
The Jan. 24 meeting was attended by approximately 400 people, sources told ABC, and served as a “call to arms” for those determined to fight Republican budget cuts.
The first post-2010-election House appropriations committee hearing on NASA’s budget will take place this week. Key quote:
“The goal of the hearings is to help identify top management challenges and find ways to eliminate waste, fraud and abuse in these respective departments and agencies,” the chairman of the CJS subcommittee, Rep. Frank Wolf (R-VA)
Fed chairman Bernanke issued a grim warning yesterday about the federal government’s overwhelming debt. Key quote:
The national debt is currently about 60 percent of the economy, or Gross Domestic Product, [Bernanke] said, adding that it is projected to reach 90 percent of GDP by 2020 and 150 percent of GDP by 2030. But Bernanke’s citation of $9.5 trillion in national debt didn’t include the $4.6 trillion owed by the government to trust funds for things such as Social Security and Medicare, which have paid out cash to the Treasury in exchange for promisory notes. The full national debt – when both forms of debt are included – is already just under 100 percent of GDP, which is currently around $14.6 trillion.
Go Rand Go! Senator Paul accuses Republicans of being too wimpy in their recent budget proposals.
This closer look at the GOP’s proposed budget cuts will give you an idea which pigs are about to squeal.
Update: In fact, the squeals have already started, among Senate Democrats.
The pigs are winning! A GOP budget proposal offered today only proposes $32 billion in budget cuts for this year, rather than the $100 billion they promised during the campaign.
By a vote of 51-47, the Senate today rejected a full repeal of ObamaCare. A second vote, 81-17, did repeal the 1099 tax paperwork provision.
No surprises here. This just illustrates the need to throw more of these clowns out of office in 2012. For one thing, many of the 81 Senators who voted to repeal the 1099 tax provision had voted for it only 10 months ago. Have they finally learned to read?
I guess it was the supermarket confrontation that’s making Harry Reid do it: The Senate may vote today on the repeal of Obamacare.
Senator Harry Reid (D-Nevada) was confronted in a supermarket on Saturday over his refusal to allow a vote on the repeal of Obamacare.
A Senate vote to repeal Obamacare could come as early as this week.
Repeal it already! From the courts to the White House, everyone knows this law is a turkey.
