18th Nov. 2011 :: Full Funding Secured for James Webb Space Telescope!
Today the House and Senate came to an agreemment on the Commerce, Justice, Science, and Related Agencies (CJS) budget, which includes the full requested funding to ensure a 2018 launch for the James Webb Space Telescope. The vote was a pretty comprehensive 70 to 30 in favour.
Fantastic news! :)
Somewhat oddly, but quite interestingly currently there is no mention of this on the NASA website but there is an update about the Assembly Stand for the Telescope's Flight Optics:
More information will be available on the official site here: http://jwst.nasa.gov/
Lets hope that everything goes smoothly between now and launch in 2018!