Black budget

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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 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^[who?].

The United States Defense Department has a "black budget" it uses to fund expenditures it does not want to disclose publicly. Such an expenditure is called a "black project." The annual cost of the United States Defense Department black budget is estimated at $32 billion by some watchdogs^[1], fed by funds funneled from other government agencies to the defense and intelligence community.^{[citation needed]}

It 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

• Special access program

[edit] References

1. ^ http://www.nytimes.com/2008/04/01/science/01patc.html?8dpc

[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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