http://www.energy.gov/sites/prod/files/2014/03/f11/Volume_4.pdf

The President would provide $416 million compared to $505 million appropriated by Congress for FY 2014. Of this amount, $150 million would be for U.S. contributions to the ITER project, compared to $200 million appropriated for FY 2014. He proposes $266 million for the U.S. domestic fusion program, compared to $305 million appropriated for FY 2014.

The document states that the U.S. "cannot, under current conditions,meet the most recent schedule put forward by the ITER Organization" but also states, "funding provided for critical path items will ensure that US in-kind contributions maintain U.S. commitment to FY 2015 project needs". Despite repeated requests from Congress for out-year funding profiles and total costs of the US contributions to ITER, the document does not provide out-year projections or total cost estimates for the project.

The major elements of the proposed $39 million reduction to the domestic fusion program are a proposed reduction of $10.6 million in the area of High Energy Density Laboratory Physics (from $17.3 million to $6.7 million) and a reduction of $9 million in research funding for advanced computation and simulation, and $6.5 million in facility operations at DIII-D. Numerous reductions of approximately $1-3 million are proposed for most other elements of the program. The document indicates that the NDCX-II at Lawrence Berkeley National Laboratory would not be operated in FY 2015 and that Alcator C-Mod at MIT would close in late FY 2016.