YOUR FRIENDS' ACTIVITY

    Price tag on govt secrecy: up 12 percent to $11.4B

    WASHINGTON (AP) — The price tag for safeguarding government secrets rose by 12 percent in 2011 to a record $11.4 billion.

    The year-to-year estimate covers 41 executive branch agencies, but it excludes money spent by the CIA and five other intelligence agencies, where the amounts of money used to protect secrets are substantial but classified.

    In a report to President Barack Obama, the Information Security Oversight Office said the amount spent on protecting secrets has grown more than four-fold since 1995, when it stood at $2.7 billion. A decade ago, the amount spent was $5.7 billion, half of last year's figure.

    The oversight office provided no explanation for the substantial increase in costs.

    Last year, nearly half the money the government spent to keep its secrets secret went for protecting computerized classified information systems. Some $1.7 billion went for physical security at facilities holding classified information. Another $1.4 billion went for personnel security to determine whether government workers and contractors should be given access to classified information.

    Defense contractors and other companies in the private sector spend a much smaller amount on protecting government secrets — $1.3 billion last year, a 1 percent increase from 2010. The oversight office says the figure has remained largely stable since 2006.

    Besides the CIA, the agencies that do not disclose the money spent on secrecy are the Defense Intelligence Agency, the Office of the Director of National Intelligence, the National Geospatial-Intelligence Agency, the National Reconnaissance Office and the National Security Agency.

    The estimates for government are for the fiscal year beginning Oct. 1. The estimates for the private sector are for the most recently completed fiscal year.

    Loading...
    • LAN suspends flights in Argentina over conflict

      Hundreds of passengers remained stranded at Argentina's airports on Friday after LAN Airlines S.A. temporarily suspended all domestic and international flights over a dispute with a state-owned company ...

    • Cycling-Cavendish notches up 100th win, Wiggins loses time

      By Alasdair Fotheringham TREVISO, Italy, May 16 (Reuters) - Britain's Mark Cavendish racked up the 100th win of his career on stage 12 of the Giro d'Italia on Thursday but Bradley Wiggins's hopes of overall victory were in tatters when he lost time on the main bunch. Tour de France champion Wiggins, who has been suffering from a chest infection, was dropped in the final hour of the 134-km stage to Treviso after being caught on the wrong side of a split in the bunch. ...

    • Soccer-Ramos shines in front of media after Mourinho no-show

      MADRID, May 16 (Reuters) - Real Madrid defender Sergio Ramos put in an assured performance in front of the cameras after coach Jose Mourinho failed to appear in Thursday's news conference ahead of the King's Cup final. Better known for his tough tackles, powerful heading ability and nerves of steel when taking penalties, the 27-year-old Spain international appeared in the conference room to represent the club and deftly handled a string of awkward questions. "If I am here it is for a reason. I can also answer questions just like the boss," Ramos said. ...

    • Danish teenager makes rare Viking find

      COPENHAGEN, Denmark (AP) — Danish museum officials say that an archaeological dig last year has revealed 365 items from the Viking era, including 60 rare coins.

    • Huge Rock Crashes Into Moon, Sparks Giant Explosion

      The moon has a new hole on its surface thanks to a boulder that slammed into it in March, creating the biggest explosion scientists have seen on the moon since they started monitoring it.

    • Bea Arthur topless painting fetches $1.9M in NYC

      A painting of actress Bea Arthur topless has sold for $1.9 million at a New York City auction. The painting is by artist John Currin and is titled "Bea Arthur Naked." It sold at Christie's auction ...

    • This Is Exactly How Massive the Texas Fertilizer Explosion Was

      Representatives of the ATF and the Texas Fire Marshall provided an update on their joint investigation into the fertilizer plant explosion in West Texas. The short story is that the cause of the fire is undetermined. The long story is that the investigation has been as massive as was the explosion.

    • 'Crazy' Ants Driving Out Fire Ants in Southeast

      Invasive fire ants have been a thorn in the sides of Southerners for years. But another invasive species, the so-called "crazy" ant — that many describe as being worse — has arrived and is displacing fire ants in several places.

    Loading...

    Follow Yahoo! News