For fiscal year 2014, which covers Oct. 1, 2013 to Sept. 30, 2014, Congress approved $17.6 billion in federal funding for NASA. The agency expects to receive slightly less — $17.5 billion — for fiscal year 2015.Know More
Funding for the National Aeronautics and Space Administration is part of the federal budget passed every year by the United States Congress. As NASA is a federal agency, it relies on government monies for its continued operations.
NASA was officially formed in 1958 when President Eisenhower signed the Space Act into law. The White House Office of Management and Budget states that this agency uses space exploration to further scientific and technological advancements that will improve the economic health and stability of the United States and to help people — not just Americans. The Space Act requires that the activities of NASA be used for the betterment of all people on earth. To that end, NASA conducts research to help humanity; many of its inventions are not obviously space related.
According to Discovery, some of the inventions directly attributed to NASA's research include invisible braces, scratch-resistant lenses, memory foam, ear thermometers, shoe insoles, long-distance telecommunications, adjustable smoke detectors, safety grooving, cordless tools and water filters.Learn more about Investing
The National Aeronautics and Space Administration (NASA) was created in 1958 as an agency charged with overseeing all non-military aerospace programs. Previously, the National Advisory Committee for Aeronautics (NACA) handled rocket research and other aerospace activities, but the Soviet launch of Sputnik made it apparent that the United States needed to focus its efforts in order to avoid being left behind in the space race. One of NASA's first goals was putting a man into space.Full Answer >
The National Aeronautics and Space Administration, known as NASA, officially began operation on October 1, 1958. Its creation was authorized by the National Aeronautics and Space Act, which was signed into law on July 29, 1958 by U.S. President Dwight D. Eisenhower.Full Answer >
Vanguard 500 Index (VFINX) is one good S&P 500 index fund, according to Kiplinger. From 2009 to 2012, returns on the fund exceeded more than 80% of those of all large-company, U.S.-focused stock funds under active management.Full Answer >
A high-dividend ETF is an exchange-traded fund that seeks to produce a high dividend yield for investors by investing in stocks that consistently pay high dividends. A high-dividend ETF usually contains stocks that have a history of paying above-market dividends or blue-chip stocks that are regarded as extremely safe.Full Answer >