Black budget
A black budget is a budget that is secretly collected from the overall income of a nation, 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 black projects—expenditures 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]
See also [edit]
References [edit]
- ^ Broad, William J. (2008-04-01). "Inside the Black Budget". The New York Times. Retrieved 2010-04-26.
- ^ Pentagon’s Black Budget Grows to More Than $50 Billion - Wired Magazine, May 2009
External links [edit]
- "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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