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In the R-1 (research and development), P-1 (procurement) and O-1 (operations) budgets for 2010, just over $50 billion is listed for classified programs, the largest-ever sum. The Pentagon's "black" operations, including the intelligence budgets nested inside it, are roughly equal in magnitude to the entire defense budgets of the UK, France or Japan, and 10 per cent of the total.
Highlights include the US Air Force's classified research and development budget. Earlier estimates suggested that secret projects accounted for 36 per cent of USAF R&D spending, but the FY2010 budget shows that even this startling number is on the low side. The USAF plans to spend almost $12 billion on secret programs in 2010 - more than three Joint Strike Fighter development efforts - or just about 43 per cent of its R&D.
Black-world procurement remains dominated by the single line item that used to be called "Selected Activities", resident in the USAF's "other procurement" section. This year's number stands just above $16 billion. In inflation-adjusted terms, that's 240 per cent more than it was ten years ago.
On the operations side, secret spending has risen 8 per cent over last year, to just over $15 billion - equivalent to more than a third of Air Force operating costs.
Bill Sweetman.
Ares.
Originally posted by andy1033
reply to post by Moonsouljah
Exactly the drug trade brings in so much money, just who gets it all, and what do they sopend it all on. If it is research and such, what research as things seem to move so slowly in the world we live in.
Originally posted by C0bzz
reply to post by guppy
1 trillion is bigger than the entire 'defence' budget, thus that statement is untrue. The money, I believe it was 2.3 trillion dollars was unaccounted for over many years, which is far different than money spent on black R&D. Either way, there is too much money spent on black projects and too much money unaccounted for.
Source
The Inspector General reports are important evidence that trillions of dollars were siphoned through the Department of Defense (DoD) for the fiscal years 1998-2002. [89] Using the Inspector General reports of accounting anomalies, it can be estimated that Fitts and O’Meara’s estimates of missing money from the DoD is a close approximation to the CIA’s ‘unofficial’ black budget. Consequently, the CIA black budget is annually in the vicinity of 1.1 trillion dollars – a truly staggering figure when one considers that the DoD budget for 2004 will be approximately 380 billion dollars. [90] This suggests that the vast size of the DoD in terms of its personnel, weapons systems and research into ‘conventional weapons systems’, is dwarfed by something that in funding terms is almost three times larger than the entire conventional military system funded by the DoD budget.
Uh, september 10th 2001, Rumsfeld came out and anounced that they couldn't account for 2.3 trillion for fiscal year 1999. For fiscal year 1998, they could not account for 1.7 trillion. And for fiscal year 2000, they reported a 1.1 trillion dollar loss. 1
Originally posted by C0bzz
Uh, september 10th 2001, Rumsfeld came out and anounced that they couldn't account for 2.3 trillion for fiscal year 1999. For fiscal year 1998, they could not account for 1.7 trillion. And for fiscal year 2000, they reported a 1.1 trillion dollar loss. 1
I know, I read the speech .
www.defenselink.mil...
I would recommend you to read the source behind them documents because the DoD clearly do not loose trillions a year but rather have trillions of dollars worth of unsupported accounting entries, which are two different things.
www.scoop.co.nz...
For example, assets should equal equity (ownership, essentially) - if they are imbalanced by 100 million dollars at the end of 2050, then assuming the mistake is not corrected and no further mistakes are made, then the imbalance of 100 million dollars will remain at the end of 2051. But that doesn't mean 100 million was lost each year, it means 100 million, total, has disappeared.
[edit on 8/5/2009 by C0bzz]
"DoD financial management and feeder systems cannot currently provide adequate evidence to support various material amounts on the financial statements. Therefore we did not perform auditing procures to support material amounts on the financial statements."
"We did not obtain sufficient, competent evidentiary matter to support the material line items on the financial statements … the scope of our work was not sufficient to enable us to express, and we do not express, an opinion on these financial statements"
This isn't a budget we are talking about, this money was funneled through the DOD, and the books have a total of 5.1 TRILLION in "IRREGULARITIES" in just 3 years, they didnt even bother with 2001 and 2002 because the books were so bogus that they couldn't even get something coherent from them.
Pentagon's finances in disarray
By JOHN M. DONNELLY The Associated Press 03/03/00 5:44 PM Eastern
WASHINGTON (AP) -- The military's money managers last year made almost $7 trillion in adjustments to their financial ledgers in an attempt to make them add up, the Pentagon's inspector general said in a report released Friday.
The Pentagon could not show receipts for $2.3 trillion of those changes, and half a trillion dollars of it was just corrections of mistakes made in earlier adjustments.
hv.greenspun.com...
In fiscal 1999, a defense audit found that about $2.3 trillion of balances, transactions and adjustments were inadequately documented. These "unsupported" transactions do not mean the department ultimately cannot account for them, she advised, but that tracking down needed documents would take a long time. Auditors, she said, might have to go to different computer systems, to different locations or access different databases to get information.
www.defenselink.mil...
The military says it owns $119.3 billion in ships, trucks, jet engines and more. But its inspector general said he could not verify that because records lacked supporting documentation.
hv.greenspun.com...
This isn't a budget we are talking about, this money was funneled through the DOD, and the books have a total of 5.1 TRILLION in "IRREGULARITIES" in just 3 years, they didnt even bother with 2001 and 2002 because the books were so bogus that they couldn't even get something coherent from them.
1998 - Don't know where 1.7 trillion is
1999 - Don't know where 2.3 trillion is
2000 - Cant find, yet another 1.1 Trillion.
Under your assumption, in 2000 they would have reported 5.1 trillion.
The Defense Department's inspector general recently identified $6.9 trillion in accounting entries, but $2.3 trillion was not supported by adequate audit trails or sufficient evidence to determine its validity.
Another $2 trillion worth of entries were not examined because of time constraints, and therefore, the inspector general was able to audit only $2.6 trillion of accounting entries in a $6.9 trillion pot.