Friday, March 7, 2014

A Look At The Pentagon’s $59 Billion ‘Black Budget’

Read the Pentagon’s $59 Billion ‘Black Budget’ -- Brandy Zadrozny, Daily Beast

The U.S. military has billions of dollars’ worth of secret projects it doesn’t want you to know about. Too bad—here they are.

President Obama proposed a $495.6 billion defense budget yesterday, almost half a billion dollars leaner than the previous year’s. But there’s still one category where the Department of Defense is not scaling back: its secret projects.

According to the budget documents, the DoD plans to spend around $58.7 billion on classified programs (fondly known as its “black budget”) in fiscal year 2015, a 1.5 percent increase from the previous year.

But what exactly is the “black budget?”

Read more ....

My Comment: $58.7 billion in black projects .... that's a lot of money.

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