$28 Billion “Black Budget” Veils Pentagon Contracting

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The Pentagon’s “black budget” hides at lease $28 billion in annual spending in the name of national security, making oversight from Congress and its own force of auditors difficult, Newhouse News Service reports. That’s how Rep. Randy “Duke” Cunningham gained at least $2.4 million in favors from companies that held contracts with the Defense Department. Cunningham, who pleaded guilty to corruption charges, sat on the defense subcommittee of the House Appropriations Committee. (12/5/05)