A trillion dollars is $50 billion per year over 20 years. From the site:
“It is proposed that the US dedicate .27% of its GDP each year to the NASA Enterprise program. To get some sense of what spending .27% of the GDP each year will mean, consider that between 1963 and 1972, during the Apollo era, the US spent on average .50% of GDP per year as shown in the center column in the table to the right. This is about double the level of spending proposed for funding the Enterprise program.
.27% of GDP will be about $40 billion for the year 2012. $40 billion is certainly a lot of money to spend – but it’s not that much when you consider that the federal budget in 2012 is $3700 billion ($3.7 Trillion). $40 billion seems like pocket change from the perspective of federal spending. $40 billion is 1.1% of the 2012 federal budget. This compares to an average of 2.8% of the federal budget which was spent each year on NASA between 1963 and 1972 as shown in the rightmost column in the table above.”
“It is proposed that the US dedicate .27% of its GDP each year to the NASA Enterprise program. To get some sense of what spending .27% of the GDP each year will mean, consider that between 1963 and 1972, during the Apollo era, the US spent on average .50% of GDP per year as shown in the center column in the table to the right. This is about double the level of spending proposed for funding the Enterprise program.
.27% of GDP will be about $40 billion for the year 2012. $40 billion is certainly a lot of money to spend – but it’s not that much when you consider that the federal budget in 2012 is $3700 billion ($3.7 Trillion). $40 billion seems like pocket change from the perspective of federal spending. $40 billion is 1.1% of the 2012 federal budget. This compares to an average of 2.8% of the federal budget which was spent each year on NASA between 1963 and 1972 as shown in the rightmost column in the table above.”