Source: Associated Press
A look at what President Barack Obama has requested in his $3.73 trillion budget for the 2012 fiscal year beginning Oct. 1.
Summary: Homeland Security gets $44 Billion with a priority on naked body scanners. The Transportation Department gets over a half Trillion dollars for new highway and rail construction, including $53 billion for high-speed trains. $500 million will go to the new Bureau of Ocean Energy Management and Enforcement (See my article on LOST.) and NIST, the group that dropped the ball on the Sept. 11th investigation will be getting $764 million, roughly a 17% increase from last year.
Spending: $18.7 billion
Percentage Change from 2011: 0.9 percent decrease
Discretionary Spending: $18.7 billion
Highlights: Obama’s space budget is about the same as the previous year, avoiding the major proposed cuts other agencies are facing, partly because of the long planned retirement of the space shuttle fleet. With Obama continuing a Bush administration decision to stop flying the 30-year-old shuttles, NASA can then shift the couple billion dollars it has been spending yearly to launch shuttles to other projects....Continue ReadingLeave a Comment