Budget: September 2012 Archives

Final Report: NASA's Challenges to Meeting Cost, Schedule, and Performance Goals, NASA OIG

"Cost increases and schedule delays on NASA's projects are long-standing issues for the Agency. A 2004 Congressional Budget Office study compared the initial and revised budgets of 72 NASA projects between 1977 and 2000. The initial budgets for these projects totaled $41.1 billion, while their revised budgets totaled $66.3 billion, a 61 percent increase. Moreover, since its first annual assessment of NASA projects in 2009, the Government Accountability Office (GAO) has consistently reported on cost growth and schedule delays in the Agency's major projects. For example, in its 2012 assessment GAO reported an average development cost growth of approximately 47 percent, or $315 million, much of which was attributable to JWST. As GAO noted, cost and schedule increases on large projects like JWST can have a cascading effect on NASA's entire portfolio."

NASA learns the dark side of a sunny outlook, Federal Computer Week

"Then the IG noted the "Hubble Psychology." The report defined it as "an expectation among NASA personnel that projects that fail to meet cost and schedule goals will receive additional funding and that subsequent scientific and technological success will overshadow any budgetary and schedule problems." In other words, NASA officials believe that major NASA projects will get funding for science's sake, despite how the projects are managed. The Hubble Space Telescope is one major project that exemplifies the risks of optimism in the report. The program has had its problems, but they have been mostly forgotten, the IG wrote."

White House details automatic cuts, calls them 'blunt, indiscriminate', The Hill

"Cuts of approximately $110 billion are set to take effect in Jan. 3, according to an agreement reached by the administration and Congress, with half of the cuts falling on discretionary and non-discretionary defense budgets, and the other half affecting non-defense budgets."

U.S. budget sequester cuts science over 8 percent, Nature

"NASA would lose $417 million from its science budget, $346 for space operations, $309 for exploration, $246 for cross agency support, among other cuts."

Sequestration Would Cut U.S. Science Budgets By 8.2%, White House Estimates, Science

"NASA's science programs would drop by $417 million to about $4.7 billion, and its Exploration account would fall by $309 million to about $3.5 billion."

Sequestration report: Embassy security cut by $129 million, Human Events

"Other alarming cuts include $1.4 billion in funding for NASA ..."

- OMB Sequestration Update Report to the President and Congress for Fiscal Year 2013, White House
- OMB Report Pursuant to the Sequestration Transparency Act of 2012 (P. L. 112-155), White House


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This page is an archive of entries in the Budget category from September 2012.

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