NASA’s FY 2011 budget of $18.4 billion represents about 0.5% of the $3.4 trillion United States federal budget during the year, or about 35% of total spending on academic scientific research in the United States.
According to the Office of Management and Budget and the Air Force Almanac, when measured in real terms (adjusted for inflation), the figure is $790.0 billion, or an average of $15.818 billion dollars per year over its fifty year history.
- Taken Directly from Wikipedia
As of 2012, it costs the U.S. Mint 2.41 cents to make a cent because of the cost of materials and production. This figure includes the Mint’s fixed components for distribution and fabrication, estimated at $13 million in FY 2011. It also includes Mint overhead allocated to the penny, which was $17.7 million for 2011. Fixed costs and overhead would have to be absorbed by other circulating coins without the penny. The loss in profitability due to producing the one cent coin in the United States for the year of 2011 is $60,200,000. This is an increase from 2010, the year before, which had a production loss of $27,400,000
-taken once again from Wikipedia
“According to the White House’s 2013 budget request, NASA would receive about $17.7 billion for next year”
Proposal: Cut penny (many other countries have successfully done so) , use half of the funds (60.2/2 = 30.1 billion…) to help support a program that has contributed overwhelmingly to the advancement of humankind.
This would almost double the funding it receives from the US
Use the rest of the funds to pay off national debt, or whatever.