On Friday the Office of Management and Budget released a report detailing the budget cuts that would go into effect in January because of budget sequestration. For NASA, these cuts involve reductions of 8.2 percent across its various budget lines, for a total of nearly $1.46 billion, as detailed in page 186 of the report (all amounts in millions of dollars):
|Account||Current Budget||Sequester Amount|
|Cross Agency Support||$2,994||$246|
The overall amount is not surprising: last week NASA deputy administrator Lori Garver warned that sequestration would reduce NASA’s budget by about that much, and that such cuts would come at a “great cost” to the agency. (How the cuts would be enacted within each account hasn’t been released yet.) But what’s the likelihood that these automatic cuts will go into effect; that is, can the administration and Congress reach a deal before the end of the calendar year to avoid sequestration? Earlier this week, MarketWatch reports, two defense analysts said that sequestration was increasingly likely. “I would count on it at this point,” John Hillen of Sotera Defense Solutions said.