The upcoming March 1st “Sequester” will cut NASA science by an additional $52 million.
The Planetary Science division faces a 21% cut in 2013. These cuts would force NASA to reduce funding for new Explorer and earth Venture Class mission selections by 10-15%, effectively lowering funding levels for new activities and cause launch delays.
Another step NASA would need to take would be to reduce funding for competed research projects. This would result in ~5% reduction in new awards to support labor/jobs at universities, businesses, and other research entities around the nation.
“The harshest effects appear to be in NASA’s Exploration program and Construction and Environmental Compliance, where new funds were needed for the SLS, Orion, and Commercial Crew programs.”