Black budget

"Black Budget" redirects here. For the New Zealand budget of 1958, see Black Budget (New Zealand).

A black budget or covert appropriation is a government budget that is allocated for classified or other secret operations of a state. The black budget is an account of expenses and spending related to military research and covert operations. The black budget is mostly classified because of security reasons.

A black budget can be complicated to calculate, but in the United States it has been estimated to be over US$50 billion a year, taking up approximately 7 percent of the US$700 billion military budget.[1]

  1. ^ Gellman, Barton; Miller, Greg (August 29, 2013). "'Black budget' summary details U.S. spy network's successes, failures and objectives". The Washington Post. Retrieved October 22, 2018.