Steven Weinberg in the NYRB:
The discovery of the Higgs boson would be a gratifying verification of present theory, but it will not point the way to a more comprehensive future theory. We can hope, as was the case with the Bevatron, that the most exciting thing to be discovered at the LHC will be something quite unexpected. Whatever it is, it’s hard to see how it could take us all the way to a final theory, including gravitation. So in the next decade, physicists are probably going to ask their governments for support for whatever new and more powerful accelerator we then think will be needed.
That is going to be a very hard sell. My pessimism comes partly from my experience in the 1980s and 1990s in trying to get funding for another large accelerator.
In the early 1980s the US began plans for the Superconducting Super Collider, or SSC, which would accelerate protons to 20 TeV, three times the maximum energy that will be available at the CERN Large Hadron Collider. After a decade of work, the design was completed, a site was selected in Texas, land bought, and construction begun on a tunnel and on magnets to steer the protons.
Then in 1992 the House of Representatives canceled funding for the SSC. Funding was restored by a House–Senate conference committee, but the next year the same happened again, and this time the House would not go along with the recommendation of the conference committee. After the expenditure of almost two billion dollars and thousands of man-years, the SSC was dead.
One thing that killed the SSC was an undeserved reputation for over-spending. There was even nonsense in the press about spending on potted plants for the corridors of the administration building. Projected costs did increase, but the main reason was that, year by year, Congress never supplied sufficient funds to keep to the planned rate of spending. This stretched out the time and hence the cost to complete the project. Even so, the SSC met all technical challenges, and could have been completed for about what has been spent on the LHC, and completed a decade earlier.