According to The Washington Post report, Obama is expected to propose the closure of the space agency's programme in his new budget to be presented before the Congress.
"With the release of President Obama's budget request, NASA will finally get the new marching orders, and there won't be anything in there about flying to the moon," the report said.
White House spokesman Nick Shapiro said, "The President is committed to a robust 21st century space program, and his budget will reflect that dedication to NASA. NASA is vital not only to spaceflight, but also for critical scientific and technological advancements."
"The expertise at NASA is essential to developing innovative new opportunities, industries, and jobs. The President's budget will take steps in that direction," he was quoted as saying.