What is a bigger issue than just killing the lunar revisit - is that the budget axes the next space vehicle that is supposed to take over for the shuttle. In other words, we use the shuttle for another decade plus (when its at its end of life already) or we dont make manned space flights anymore - unless guys like Virgin Galactic actually make something that works.
This is in some ways a BRILLIANT move though on Obama's part - because it creates private sector opportunity for one of the civilian "space companies" to now have the ability to do things that have been the realm of government funded space agencies - though the timing is premature.
Private industry is still looking at doing only sub-orbital flights. It wil be another decade or 2 before commercial space flight above sub orbital is sustainable.
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Good Hunting!
Captain Haplo
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