Killing Webb Space Telescope?

http://www.nytimes.com/2011/07/07/science/07webb.html
The House Appropriations Committee proposed Wednesday to kill the James Webb Space Telescope, the crown jewel of NASA’s astronomy plans for the next two decades.

The telescope, named after a former administrator of NASA, is the successor to the Hubble Space Telescope, and it was designed to study the first stars and galaxies that emerged in the first hundred million years or so after the Big Bang.

It was supposed to be launched in 2014, but NASA said last year that the project would require at least an additional $1.6 billion and several more years to finish, because of mismanagement.