• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with 'higher economic cost' in new escalation that could transform the war

2

Like Jamie Dimon, AT&T CEO says if you attend a meeting, you need to show up prepared—he ‘craves’ people who don’t just sit back and observe

3

U.S. debt is even worse than it seems, and rising Treasury yields are now an 'all-hands-on-deck situation,' top economist warns

1

After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with 'higher economic cost' in new escalation that could transform the war

2

Like Jamie Dimon, AT&T CEO says if you attend a meeting, you need to show up prepared—he ‘craves’ people who don’t just sit back and observe

3

U.S. debt is even worse than it seems, and rising Treasury yields are now an 'all-hands-on-deck situation,' top economist warns
Leadership‪NASA‬

Trump Wants Astronauts Back to the Moon by 2024. Here’s How He Plans to Pay for It

By
Natasha Bach
Natasha Bach
Down Arrow Button Icon
By
Natasha Bach
Natasha Bach
Down Arrow Button Icon
May 15, 2019, 12:02 PM ET
Google source logo
Add Fortune on Google for similar content.

President Donald Trump wants NASA astronauts back on the moon in 2024—55 years after the first moon landing and 52 years since the last American mission to the moon.

But this ambitious plan is going to be costly: in the budget amendment sent to Congress on Monday, the administration requested a $1.6 billion “down payment”—in addition to the $21 billion NASA already requested for the next fiscal year.

NASA administrator Jim Bridenstine declined to say how much the program would cost in total.

“In the coming years, we will need additional funds,” he conceded on a media call. “But this is a good amount that gets us out of the gate in a very strong fashion and sets us up for success in the future.”

Trump announced the plan on Twitter, writing, “Under my Administration, we are restoring @NASA to greatness and we are going back to the Moon, then Mars. I am updating my budget to include an additional $1.6 billion so that we can return to Space in a BIG WAY!”

Vice President Pence had initially announced the plan in March, telling members of the National Space Council, “Some will say it’s too hard, it’s too risky, it’s too expensive, but the same was said back in 1962.”

In a reference to President John F. Kennedy, Pence continued that “now as then, the United States has a president who is a dreamer, who understands that this is a challenge that once again we are unwilling to postpone and one we intend to win again.”

So what needs to happen next for this to become a reality?

Congress will need to approve the budget—but it’s unclear whether they will. This new proposal pushes up the already ambitious goal of getting back on the moon by 2028 and will likely therefore prove more costly.

Some members of Congress are already unconvinced: Texas Rep. Eddie Bernice Johnson noted the hypocrisy of pushing for more funding for a mission to the moon, while cutting science research at other agencies at a hearing earlier this month. And the American people would appear to agree with her.

A Pew Research Center poll from last year found that 63% of Americans believe NASA should focus its efforts on climate research, not sending astronauts back to the moon—only 13% considered this a top priority.

Phil Larson, a former space policy adviser under President Barack Obama, told Reuters that without Congressional buy-in, “this budget amendment is at best, a massive waste of time, and at worst, pushing risky political timelines that could set NASA back for years.”

The source of these additional funds is also a point of controversy. According to a report from the Associated Press, the administration has suggested shifting money from Pell Grants—a financial aid program for low-income college students—to fund the “down payment.” The administration nevertheless claims that it would only draw on a surplus that has resulted from a decline in enrollment in the program and would not actively cut funding for those who wish to enroll.

It remains to be seen whether Congress will approve this initial request and the subsequent funds needed to meet this ambitious plan. If it is to go forward, though, NASA says it hopes to put the first woman on the moon. The mission is fittingly called Artemis, the name of Apollo’s twin sister.

https://twitter.com/JimBridenstine/status/1128086110247235584

About the Author
By Natasha Bach
See full bioRight Arrow Button Icon
Google source logo
Add Fortune on Google for similar content.

Latest in Leadership


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Leadership


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.