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Home :  Federal Budget & Tax : 
Federal Budget & Tax:      News     Blog     Background    



Tuesday, January 16, 2007

Whitey on the Moon, Iraq

Via TAPPED, the Washington Post reports today on budget choices at NASA. Money is being shifted out of programs that monitor climate change and hurricanes and into space exploration.

The government's ability to understand and predict hurricanes, drought and climate changes of all kinds is in danger because of deep cuts facing many Earth satellite programs and major delays in launching some of its most important new instruments, a panel of experts has concluded.

The two-year study by the National Academy of Sciences, released yesterday, determined that NASA's earth science budget has declined 30 percent since 2000. It stands to fall further as funding shifts to plans for a manned mission to the moon and Mars.

And more on budget trade-offs from Christian Science Monitor, which had an article today about the cost of the Iraq war and budget trade-offs. Key quotes:

The US can certainly afford the war, says budget analyst Stan Collender, a managing director of Qorvis Communications in Washington. But the spending is taking resources from other areas, he notes. Because the US is borrowing to finance the war, the cost will be borne by future generations. "And it's still going to be one of the most expensive wars we have ever fought," he says.

Unlike in previous major wars, the United States has cut taxes at the same time it has increased military spending. "It's fair to say all of the money spent on the war has been borrowed," says Richard Kogan, a senior fellow at the Center on Budget and Policy Priorities, a think tank in Washington. "But eventually everything has to be paid for."

Where's Gil Scott-Heron and the Last Poets when you need them?



Posted by Matt Lewis



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