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NASA The Almighty Buck

NASA's Greatest Challenges In 2014 97

Posted by samzenpus
from the hard-road dept.
coondoggie writes "In its annual look at what challenges NASA faces in the coming year, the agency's Office of the Inspector General (OIG) this year outlined nine key areas it says will cause the most angina. Leading the way in pain is money. NASA's current money story starts off bad and just gets worse. From the article: '"Along with the rest of the Federal Government, NASA began FY 2013 under a 6-month continuing resolution that funded the Agency at FY 2012 levels. This was followed by a budget for the remainder of the fiscal year that reduced the Agency's enacted funding level of $17. 5 billion by $626.5 million, or approximately 4% due to sequestration. These financial pressures look to repeat themselves in FY 2014, with no annual budget in place at the beginning of the fiscal year and potential sequestration impacts that could reduce NASA's budget request of $17.7 billion by $1.5 billion to $16.2 billion. As the National Research Council noted in its 2012 report examining NASA's strategic direction and management, NASA's budget is 'mismatched to the current portfolio of missions, facilities, and staff,'" the OIG report stated.'"
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NASA's Greatest Challenges In 2014

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