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The politician sees the budget process as "a political event conducted in the political arena for political advantage". [1] The economist views budgeting as a matter of allocating resources in terms of opportunity cost where allocating resources to one consumer takes resources away from another consumer. [ 1 ]
In May 2012, House Republicans put forward five separate budget proposals for a vote in the Senate. The Republican proposals included the House-approved proposal by House Budget Chairman Paul Ryan and one that was very close in content to the budget proposal submitted earlier in 2012 by President Barack Obama. [112]
U.S. President Richard M. Nixon sent the annual government budget proposal to Congress, sharply curtailing the American crewed space program and raising the amount to be spent on welfare programs. The amount of money budgeted for government programs for the 1971 fiscal year was a little more than 200 billion dollars USD.
Budget-proposal aggregation (BPA) is a problem in social choice theory. [1] [2] [3] A group has to decide on how to distribute its budget among several issues. Each group-member has a different idea about what the ideal budget-distribution should be. The problem is how to aggregate the different opinions into a single budget-distribution program.
President Obama's 2010 budget proposal includes a total of $663.8 billion, including $533.8 billion for the DOD and $130 billion for overseas contingencies, primarily the wars in Iraq and Afghanistan. The proposed DoD base budget represents an increase of $20.5 billion over the $513.3 billion enacted for fiscal 2009.
Government space agencies, established by governments of countries and regional agencies (groupings of countries) are established as a means for advocating for engaging in activities related to outer space, exploitation of space systems, and/or space exploration. The listings summarize all countries' and regional authorities' space agencies ...
A subcommittee in the House of Representatives has announced a plan to cut the 2010 budget from US3,963.1 million to $3,293.2 million, a cut of $669.9 million or 16.9%. [11] [12] Chairman Alan Mollohan stated the cut was a "pause" and "time-out" caused by the review of human space flight.
In March 2019 the Trump administration again proposed to defund the Roman in its FY2020 budget proposal to Congress. [48] In testimony on 27 March 2019, NASA Administrator Jim Bridenstine hinted that NASA would continue Roman after the James Webb Space Telescope, stating "WFIRST will be a critical mission when James Webb is on orbit". [49]