Black budget
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"Black Budget" redirects here. For the New Zealand budget of 1958, see Black Budget (New Zealand).
A black budget is a budget that is secretly collected from the overall income of a country, a corporation, a society of any form, a national department, and so on. A black budget usually covers expenses related to military research. The budget is kept secret for national security reasons.Philip Schneider claimed that the alleged "Dulce Base" in the U.S. state of New Mexico is run by such a budget. Many other programs such as Area 51 in Groom Lake, Nevada, and many experimental or covert military programs as well are said to be run by black budgets.[attribution needed]
The United States Department of Defense has a black budget it uses to fund expenditures, called black projects, it does not want to disclose publicly. The annual cost of the United States Department of Defense black budget was estimated at $32 billion in 2008[1] but was increased to an estimated $50 billion in 2009.[2]It is claimed that the black budget can be determined by adding up all US government expenditure listed in the budget and subtracting that amount from the total budget. The inference is that the black budget is included in the total budget amount but is not listed in the budget breakdown.[citation needed]
[edit] See also
[edit] References
- ^ Broad, William J. (2008-04-01). "Inside the Black Budget". The New York Times. http://www.nytimes.com/2008/04/01/science/01patc.html?8dpc. Retrieved 2010-04-26.
- ^ [1] Pentagon’s Black Budget Grows to More Than $50 Billion - Wired Magazine, May 2009
[edit] External links
- "Paint it Black", a 1997 metroACTIVE article very critical of the use of Black budgets in the US
- "Exposing the Black Budget", a 1995 Wired article with the same stance
- "America's Black Budget and the Manipulation of Mortgage and Financial Markets"
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