Sequestration budget cuts mandated by the Budget Control Act of...
Sequestration budget cuts mandated by the Budget Control Act of 2011 are the single biggest threat to the U.S. space programs’ continued success, the Aerospace Industries Association said in a study (http://xrl.us/bn6by4). The AIA-funded study said that if sequestration happens,…
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NASA and the National Oceanic and Atmospheric Administration would experience an 8.2 percent cut “across each agency’s budget for fiscal 2013 and further cuts over the next eight years.” For NOAA, such a cut would result in the loss of more than $154 million “to an already extremely tight, developmental budget for the replacement weather satellites, threatening to extend a gap in polar-orbiting weather satellite coverage expected to begin in 2017,” the study said. A NASA sequestration would bring major damage to regions with high concentrations of aerospace activity around the country, which are known as industry clusters, it said. The report said clusters promote economic efficiencies and specialization, “encourage innovation and entrepreneurship; and drive prosperity for entire regions.” The study was done by Stephen Fuller, director for regional analysis at George Mason University in Virginia.