Fiscal Squeeze Could Freeze NASA Budget for Five Years

NASA officials put on happy faces on February 14 to discuss their new budget proposal for Fiscal Year 2012, but it wasn’t exactly cheerful news. President Barack Obama proposed freezing NASA’s budget at the 2010 level, and called for a five-year freeze on new spending for the space agency. This would put NASA at $18.7 billion annually through fiscal 2016. Gone is the 1.6-percent increase NASA had sought for fiscal 2011, which ends in September, as well as the promised steady increases of an extra $6 billion over five years. But, truth be told, no one knows for sure what level NASA will be funded during this tight financial time, and the conservatives in Congress have talked about not just freezing the budgets of agencies like NASA, but reducing them.

“This budget requires us to live within our means so we can invest in our future,” NASA Administrator Charles Bolden said. “It maintains our commitment to human spaceflight and provides for strong programs to continue the outstanding science, aeronautics research and education needed to win the future.” (…) Read the rest of Fiscal Squeeze Could Freeze NASA Budget for Five Years (846 words)

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(C) nancy for Universe Today, 2011. | Permalink | 13 comments | Add to Post

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