Cost
From 1964 until 1973, a total of $6.5 billion ($46.56 billion present day) was appropriated for the Saturn V, with the maximum being in 1966 with $1.2 billion ($8.6 billion present day).
One of the main reasons for the cancellation of the Apollo program was the cost. In 1966, NASA received its biggest budget of US$4.5 billion, about 0.5 percent of the GDP of the United States at that time. In 1969, the cost of a Saturn V including launch was US $ 185 million (inflation adjusted US$ 1.17 billion in 2012).
Read more about this topic: Saturn V
Famous quotes containing the word cost:
“I knew that the wall was the main thing in Quebec, and had cost a great deal of money.... In fact, these are the only remarkable walls we have in North America, though we have a good deal of Virginia fence, it is true.”
—Henry David Thoreau (1817–1862)
“Apparently, a democracy is a place where numerous elections are held at great cost without issues and with interchangeable candidates.”
—Gore Vidal (b. 1925)
“Greeting people doesn’t cost you anything except a roll of your tongue.”
—Chinese proverb.