More money troubles in NASA’s climate and astronomy programs
Other science money troubles: NASA’s climate and astronomy programs face delays due to cost overruns and rocket failures.
Tag: debt
Underground Physics Lab to Cost U.S. Energy Department at Least $1.2 Billion
A new report released today says a new underground physics lab will cost the Energy Department from $1.2 to $2.2 billion.
Though I know the science is worthwhile and we should be doing it, I also can’t help ask this question: Where the hell are we going to get the money?
Want to send a probe to another planet? Cut costs!
Want to send a probe to another planet? Do it cheaply, as these scientists did.
Senate Republicans pull out of Biden debt limit negotiations
The Senate Republicans have pulled out of Biden’s debt limit negotiations.
This article strongly suggests to me that the Democrats, who hold a majority in this negotiating group, have refused to take seriously the Republicans’ demand to cut spending, instead focusing on tax increases as a solution. The problem is that you could raise our taxes to 100 percent and you wouldn’t solve the debt problem. The government has got to reduce its spending.
CBO: The national debt will exceed the size of the entire U.S. economy by 2021
The day of reckoning looms: The Congressional Budget Office today reported that unless something drastic is done, the national debt will exceed the size of the entire U.S. economy by 2021.
Democrats call for new spending in US debt deal
In negotiations over raising the debt limit Democrats are now calling for more stimulus spending.
These guys just don’t get it. We don’t have the money, the federal government is broke, and it was their out-of-control spending and complete lack of responsibility that helped create today’s economic mess.
The one thing that worries me most however is that the public might not get it yet either, and might not vote these bums out of office. If that happens, we are really screwed, in ways that most Americans today probably can’t imagine.
California legislators: No budget, no pay
My heart bleeds: California legislators: No budget, no pay.
Conservative lawmakers push for pledge cutting spending across the board, capping government spending, and requires a balanced budget amendment.
Conservative lawmakers are coalescing behind a pledge to cut spending across the board while requiring a balanced budget amendment.
This story once again suggests to me that the political winds are definitely favoring big cuts in government spending. Woe to the politician of either party who ignores these winds.
NJ Senate passes public employee benefits bill
Another state moves to limit union power: The New Jersey Senate has passed a public employee benefits bill that suspends union bargaining over healthcare while increasing the costs to union members.
Note that the vote was not partisan, 24-15 with 8 Democrats voting in favor.
Companies Leaving California in Record Numbers
Will the last one out please turn off the light? Companies are leaving California in record numbers.
House panel tells Dept of Energy to cull underperforming research grants
A House panel has told the Department of Energy to get rid of underperforming research grants.
Though this article focuses on what it considers “whopping” cuts, I must point out that the total cuts to the DOE simply bring its budget back to its 2008 level, hardly a draconian cut.
How the recently dissolved California Space Authority wasted millions of dollars in federal earmarks and grants
How the recently dissolved California Space Authority wasted millions of dollars in federal earmarks and grants.
Sadly, this story is typical of many quasi-public/private authorities, most of which have nothing to do with the aerospace industry. There is a lot of one hand washing the other, using money the federal government nonchalantly gives away as if it is water.
Daley can’t defend Obama’s ‘indefensible’ economic policies
White House chief of staff can’t defend Obama’s “indefensible” (his word) economic policies.
NASA about to decide on its shuttle heavy-lift replacement
NASA is about to decide on its shuttle heavy-lift replacement, and it looks like it will be almost entirely shuttle-derived.
As I have said previously, this rocket will almost certainly never fly. NASA has to start over after spending billions and years developing Constellation, and is being given less money and time to do it.
And even if I am wrong and this rocket does fly, I bet it will do only one flight and then be retired as too costly.
Ray Stevens – Obama budget plan
An evening pause: If the government can do it, why not everyone?
Why Are Taxpayers Paying for Wine Tasting?
Republicans refuse to cut farm and ethanol subsidies, cut international food aid instead
Some pigs win, some lose: Republicans refuse to cut farm and ethanol subsidies, but cut international food aid instead.
The cowardice of politicians from both parties to honestly face the federal deficit problem sadly continues.
Negotiations over debt limit and budget still appear deadlocked
Though some progress has been made, the negotiations over the debt limit and the budget still appear deadlocked.
Shuttle’s end leaves NASA with a half billion dollar pension bill
The pork goes on: The shuttle’s end has still left NASA with a half billion dollar pension bill.
Obama to announce plans to cut government waste
Obama to announce plans today to cut government waste.
Though I applaud any effort to reduce the federal government’s out-of-control spending, to me this paragraph suggested strongly how symbolic and superficial this announcement by Obama will be:
One of the campaign’s first steps will be targeting waste and duplication among federal websites. The administration will halt the creation of new websites, as well as shut down or consolidate one-fourth of the 2,000 government websites in the next few months.
For one thing, having an employee launch an extra website is hardly very costly, as you are already paying that employee’s salary. Will they be laying off these workers as well? I doubt it.
For another, shutting down websites is hardly a demonstration of transparency in government.