This from
Gizmodo:
Reporting on a White House and NASA meeting last Wednesday, sources say that the President has decided to give NASA an additional $1 billion in 2011. The extra funding will serve to create a new, simpler heavy lift rocket, as well as to increase the fleet of satellites controlling Earth's land, oceans, and atmosphere.
The objective is to have the heavy rocket ready for a 2018 launch, while Europe, Japan, and Canada would develop a lunar lander and moon base modules with their own billions. While this may make some NASA fans sad—after the US single-handely arrived to the Moon—I'm convinced that the collaboration with other countries is the only way to move forward in manned space exploration.