To infinity and beyond!

June 9, 2007

Yesterday evening the space shuttle Atlantis blasted off from Cape Canaveral and is en route to the international space station.

The photo below is one of the main reasons I’ve been enamored of the U.S. space program since I was a child.

Earth_from_shuttle_060907
View of Earth, over the edge of the shuttle’s payload bay, as captured by a video camera aboard Atlantis. Image courtesy of NASA TV.

This most recent shot of our planet from space sort of reminds me of that great shot of Earthrise, photographed by Apollo 8 astronauts in December 1968. I had that as a poster in my bedroom until I went off to college.

And I still think, as I blogged last summer, that NASA is one of our best tax expenditures.

The table below, from data compiled by the U.S. Office of Management and Budget, shows an excerpt of NASA’s annual budget, in billions of dollars, over the years. The space program’s budget highpoint was 1966, during the height of construction efforts leading up to Project Apollo’s first lunar landing.

             1958 $$     Constant      CPI
Year       adj. for    $$ (1966)     2001
             inflation 

1958        0.089        0.488      0.1828
1959        0.145        0.781      0.1862
1960        0.401        2.145      0.187
1966        5.933       26.820     0.2212
1970        3.755       14.616     0.2569
1980        4.850       8.966       0.5409
1990        12.429     14.714     0.8447
2000        13.600     12.618     1.0779
2007        16.250     13.007     1.125 (est)

Back at that ’66 peak, Apollo involved more than
34,000 NASA employees and 375,000 employees of industrial and
university contractors. Roughly two to four cents out of every U.S. tax
dollar, or 4 percent of the total federal budget (adjusted for inflation in
today’s dollars), went to the space program. The full
table, with all the yearly authorizations since NASA’s
beginning in 1958 through 2007, can be found here.

I know the country has many immediate needs, but I still believe space exploration ultimately provides valuable rewards. Some of those benefits are noted in a letter sent last month to Texas Senator Kay Bailey Hutchison, ranking member of the Subcommittee on Space, Aeronautics and Related Sciences.

In that correspondence, executives of 23 aerospace and technology companies urge Hutchison and her Capitol Hill colleagues to enact "a top-line increase for NASA’s FY 2008 budget." 

Shuttleatlantis_launch
I don’t often agree with big business, but I do here. NASA does indeed play a crucial role in advancing our nation’s innovation agenda, with programs that promote our scientific, economic and educational interests.

Plus, there’s nothing as simultaneously exciting, terrifying and awe inspiring as a manned rocket launch.

Let’s keep our astronauts flying.

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Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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