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Op-ed: NASA offers significant and positive return to the economy
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Bill Cloutier
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Coming on the heels of Election Day, many people have tax dollars on their mind.
NASA may be the best investment of our tax dollars. For the fiscal year 2019, the federal budget was approximately $4.5 trillion. This includes mandatory and discretionary spending, and interest paid on the national debt.
NASA’s apportionment was about $21.5 billion. While that sounds like a lot of money, and it is, it represents less than a half of one percent of the total spending (less than penny went to NASA for every dollar spent by the government) and approximately 1.5 percent of the discretionary spending.