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.
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 but was increased to an estimated $50 billion in 2009.
Famous quotes containing the words black and/or budget:
“[When asked: “Will not woman suffrage make the black woman the political equal of the white woman and does not political equality mean social equality?”:] If it does then men by keeping both white and black women disfranchised have already established social equality!”
—Anna Howard Shaw (1847–1919)
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)