• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

NASA backs Trump budget blueprint with $6B cut to agency

by May 6, 2025
written by May 6, 2025

President Donald Trump unveiled a budget blueprint last week that includes roughly $6 billion in federal funding cuts to the National Aeronautics and Space Administration (NASA). 

Despite the multibillion-dollar slash, a senior official at the space agency told Fox New Digital that the reduction in funding is actually beneficial for efficiency and exploration.

‘The reductions in the President’s blueprint budget counterintuitively represent an opportunity to truly innovate in how we conduct our space missions,’ senior NASA official Ryan Whitley told Fox News Digital in an exclusive statement. 

‘Now is the time to reduce the bureaucracy at NASA and turn our attention to the execution of bold new human missions to the Moon and Mars.’

The proposed plan would cut roughly 24% of NASA’s entire budget, and could phase out some major projects like the Artemis moon program. Artemis, which was conceptualized by Trump in his first term, was designed to push the U.S. to return to moon exploration and came after President Barack Obama canceled the Constellation program in 2011.

The original timeline of the Artemis program included a mission to land astronauts on the moon by 2024 via the Space Launch System (SLS) rocket, but technical challenges have delayed the undertaking several years, and it is now set for at least September 2026 should the program survive the cuts. 

While funding reduction threatens some existing programs, the White House touted new investments that would bolster the agency in an effort to beat Chinese space innovations.  

‘By allocating over $7 billion for lunar exploration and introducing $1 billion in new investments for Mars-focused programs, it ensures that America’s human space exploration efforts remain unparalleled, innovative, and efficient,’ the White House topline preview reads. ‘To achieve these objectives, the Budget would streamline the NASA workforce, IT services, NASA Center operations, facility maintenance, and construction and environmental compliance activities.’

Aligning with the Trump administration’s movement to improve government efficiency, the White House clarified that the budget ‘refocuses [NASA] funding on beating China back to the Moon and on putting the first human on Mars.’

With a heavy reduction in federal funding, it is most likely that outside contractors and companies like Jeff Bezos’ Blue Origin and Elon Musk’s SpaceX will most likely play a bigger role in launching rockets and exploring space.

SpaceX has conducted 479 launches thus far, and Blue Origin has conducted 31.

As the current head of the Department of Government Efficiency (DOGE), though he has announced his intention of leaving the agency to focus more on Tesla and his other ventures, Musk clarified he had no involvement in NASA budget discussions in a post on X last month.

The budget blueprint and the funding changes to NASA still have to make their way through the legislative process, but the U.S. space agency has stood fast in its position that the current proposal will bolster innovation and exploration.

‘We have accomplished the impossible time and time again, but even the best organizations need to take a hard look in the mirror,’ Whitley told Fox News Digital.

‘For the past 25 years, NASA has had access to billions of dollars to advance human exploration beyond Low Earth Orbit. Despite that, in all that time, the United States has only successfully conducted one—uncrewed—test flight around the Moon,’ he said. ‘We know we are capable of accomplishing much more.’

Preston Mizell is a writer with Fox News Digital covering breaking news. Story tips can be sent to Preston.Mizell@fox.com and on X @MizellPreston

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Lawyer of whistleblower in Trump impeachment case sues administration over revoked security clearance
next post
Rite Aid files for second bankruptcy in two years

related articles

Cruz demands impeachment of Boasberg and judge who...

January 8, 2026

9 House Republicans defy Mike Johnson, join Dems...

January 8, 2026

Venezuelan oil shipments surge to US ports with...

January 8, 2026

‘You don’t get a promotion’: GOP rival urges...

January 7, 2026

Johnson praises Trump’s ‘bold action’ in formal State...

January 7, 2026

Trump affirms US ‘will always be there for...

January 7, 2026

Kennedy says military action on Greenland would be...

January 7, 2026

Senate Republican predicts the fall of the Cuban...

January 7, 2026

GOP lawmaker pushes to free US citizen reportedly...

January 7, 2026

From Caracas to Nuuk: Maduro raid sparks fresh...

January 7, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump announces China will restart rare earth mineral shipments to US after productive call

    June 7, 2025
  • JD Vance explains why meeting Pope Francis hours before his death was ‘a sign from God’

    May 1, 2025
  • KraneShares launches AGIX ETF amid market volatility, betting on robust demand for AI technologies

    July 19, 2024
  • In battle to define Harris, Trump hits Democratic coup, ad calls her ‘dangerously liberal’

    July 31, 2024
  • White House takes interest in proposed Russian sanctions as Ukraine War peace talks drag on

    June 12, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,356)
  • Investing (784)
  • Stock (964)

Latest Posts

  • Biden top adviser Anita Dunn leaves White House for super PAC supporting Harris

    July 30, 2024
  • High-ranking Democrats admit to knowingly abandoning women

    October 10, 2025
  • Trump announces plan to award Ben Carson the Presidential Medal of Freedom

    September 22, 2025

Recent Posts

  • From Zapruder to smartphones: Assassination footage reshapes America’s view of political violence

    September 14, 2025
  • OpenAI introduces Operator to automate tasks like vacation planning, restaurant reservations

    January 23, 2025
  • Trump’s 20th week in office to include White House meeting with European leader, expected call with Xi

    June 2, 2025

Editor’s Pick

  • FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

    June 3, 2025
  • Biden delivers strong speech touting NATO amid health questions, Democrats’ concerns

    July 10, 2024
  • Left-wing movie director Oliver Stone rips Democrats’ ‘lying’ Russiagate probe against Trump

    April 6, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock