Constellation Systems Program News Today

Fossil fuel tax for the subsidies for oil and gas companies. and finally, nasa. it kills nasas big project to the moon, $3.5 billion cut from the constellation systems program. >> what are the assumptions the administration using for the basis for a lot of these cuts and increases and budget projections? >> well, and thats a really key point, wolf. there are a number of assumptions that are built in. one of those assumptions is that the unemployment rate will average 9.2% in 2011. the unemployme...

Iraqi authorities say it was a female bomber who targeted pilgrims in a shiite neighborhood. the casualtieses include women and children. the governments massive bank bailout program is coming under harsh criticism once again. the bailout watchdog says t.a.r.p. just isnt working. cnns stephanie elam is in new york with the details. this is a $700 billion program. to say its not working, thats a huge statement. >> yeah, and thats going to upset a lot of people. this is the programs harshest cri...

Said, look, we can solve this by reaching out and talking to iran. that hasnt worked out very well. in the meantime, all of a sudden you have this opposition movement that has emerged which the president has supported. so heres his dilemma. does he continue to reach out to a regime that this opposition movement deems illegitimate or does he not reach out to the regime and risk further isolating the iranian government that could speed up its nuclear program. none of the answers seem easy, debty. ...

Discontinued. and then terminating nasas what they call the constellation systems program. we know that better as the moon mission. this is an estimated savings of 2.5 to $5 billion per year. theyre going to actually rely on private contractors to go ahead and provide the funds for any potential moon missions. and then in terms of spending itself, we heard from the president talking about jobs is number one. so what are we looking at here? $100 billion investment in what they say is going to cre...

Program cuts, and they will object to the fact that president obama as he promised in the campaign is going to let the bush tax cuts for those making $250,000 and over lapse as of the end of this year. so you will have large arguments. budgets, after all, its kind of like they always say in a marriage one of the main things that couples fight about is money? well, thats what parties fight about, too. because thats where their philosophy comes out. so you will hear the republicans pushing for mor...

Problem. the devices have been rigorously tested and they believe theyre going to get the parts into the dealerships by late tomorrow. >> just a 30-minute fix. the question is how long will that line be for the quick fix. debra feyerick, thanks so much. all last week and this, cnns focus is the presidents biggest economic initiative so far, that being the stimulus plan. the stimulus project digs into how the money is being spent. who is it helping and who is abusing the program. its just a few...

So theres going to be lots of argument about the big picture, but there will be very intense arguments about the small ones. because those are the things that matter in the states. >> no doubt. and i said budget freeze. i meant spending freeze on some of these programs. as we heard from mr. orszag a little bit earlier, its not all the programs. is this going to be a key issue, too, because some of these programs are not going to get the funding that they want. >> reporter: exactly. thats where y...