
"The [US] human space flight program... is at a tipping point where either additional funds must be provided or the [human] exploration program first instituted by President Kennedy must be abandoned, at least for the time being."
The current plan is to retire the space shuttle by late 2010, and use Russian Soyuz spacecraft to reach the International Space Station (ISS) until the Ares I rocket (see picture) and Orion capsule are ready. The estimated ready date for Ares I /Orion is 2017. The ISS takes $2-3 billion to maintain yearly, and funding for that is projected at this point until 2015 - when another $1 billion would be the cost of safely dumping it out of orbit.
Foust also writes that
"...Satellites launched on expendable boosters allowed the United States to achieve strategic dominance in space. And Cold War motives disappeared with the collapse of the Soviet Union."
I'm not so much concerned that another country might soon achieve dominance in space - but that a foe might be capable to bring down our satellite infrastructure, thus eliminating our advantage. Here is an analysis by Geoffrey Forden:
http://www.wired.com/dangerroom/2008/01/inside-the-chin/

"These debris fields could easily cause a run-away chain of collisions that renders space unusable — for thousands of years, and for everyone."
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