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How much did the US spend on the Apollo program?
The United States spent $28 billion to land men on the Moon between 1960 and 1973, or approximately $280 billion when adjusted for inflation.
What percent of the US budget goes to NASA?
NASA’s budget in fiscal year (FY) 2020 is $22.629 billion which represents 0.48\% of all U.S. government spending. This is a 5.3\% increase from the previous fiscal year.
What percentage of GDP was the Apollo program?
The Apollo project cost 25 billion dollars. In the mid-60s, the USA’s gross domestic product (GDP) was around 1000 billion dollars. So the costs of the project amounted to around 2.5 \% of GDP annually over a 10-year period.
How much does the US spend on the space program?
The White House’s $6 trillion federal spending bill, released Friday (May 28), gives NASA a total of $24.8 billion, including “the largest budget request for NASA science, ever,” NASA Administrator Bill Nelson said Friday in a news conference.
What was the federal budget for the Apollo program that began in 1961?
Apollo program
| Program history | |
|---|---|
| Cost | $25.4 billion (1973) $156 billion (2019) |
| Duration | 1961–1972 |
| First flight | SA-1 October 27, 1961 |
| First crewed flight | Apollo 7 October 11, 1968 |
How much money has NASA spent?
Annual budget NASA’s budget for financial year (FY) 2020 is $22.6 billion. It represents 0.48\% of the $4.7 trillion the United States plans to spend in the fiscal year. Since its inception, the United States has spent nearly US$650 billion (in nominal dollars) on NASA.
What percentage of the US budget goes to military?
The United States spent $725 billion on national defense during fiscal year (FY) 2020 according to the Office of Management and Budget, which amounts to 11 percent of federal spending.
How much was spent on the space race?
All told, the United States spent about $30 billion on the space race from the time the Soviet Union launched its Sputnik satellite in 1957 until the moon landing in 1969. The scientific benefits reaped by the nation since the 1960s are well known.
How much did the Apollo 17 mission cost?
Five subsequent Apollo missions also landed astronauts on the Moon, the last, Apollo 17, in December 1972….Apollo program.
| Status | Completed |
| Program history | |
|---|---|
| Cost | $25.4 billion (1973) $156 billion (2019) |
| Duration | 1961–1972 |
| First flight | SA-1 October 27, 1961 |
How much did NASA spend on the Apollo program?
At the peak of Apollo program spending in 1966, Dreier says, NASA accounted for roughly 4.4\% of the federal budget — 6.6\% of discretionary spending — more than the Manhattan Project that developed the first atomic bomb.
What percentage of federal spending goes to NASA?
NASA’s share of federal spending peaked in 1966 when its $5.9 billion in expenditures ($46 billion in 2018 dollars) made up 4.4\% of federal spending. In 2018, NASA spent $19.8 billion or 0.5\% of federal spending. Here’s a look at NASA’s budget since it was created in July 1958.
How did NASA’s budget change over time?
NASA’s budget peaked during the Apollo program in the 1960s. After the United States won the race to the Moon, space exploration lost political support and NASA’s budget was cut significantly.
How much did it cost NASA to land on the Moon?
The moon landing was part of the Apollo Project that cost more than $150 billion in modern-day dollars. Since Apollo, which resulted in 12 men walking on the moon, the size of NASA’s budget (adjusted for inflation) has shrunk, as did its share of federal spending.