'BLACK FUNDS' - AND RED

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP75-00149R000500270009-2
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 15, 2016
• Document Release Date: January 6, 2004
• Sequence Number: 9
• Publication Date: August 6, 1964
• Content Type: NSPR

vDAY,1 A i..'111~
AUG 6 1964
Approved For Release 2004/02/10: CIA-RDP75-00149R0005002
'TWO United States Senators openly 'need for secrecy on many projects but.
have complained to the Senate about proposed a "super-committee' to check
"black funds" in the Defense Depart- on the confidential items in the budget.
ment budget. .
These are hidden funds, appropria-
tionswhich are disguised.
President Johnson recently an-
nounced the development of a view mili-
tary plane, on which $1 billion had been
spent.
Sen. Allott of Colorado said this cane
as a shock to him, even the he is a
member of the Appropriations Commit-
tee. Sen. Monroney of Oklahoma
shared this attitude.
They both said it was "embarrass-
ing" to discover,' after going over the
Defense Department budget item by
item, that millions and even billions had
been allocated for something they never
heard of.
Mr. Monroney said he recognized the
We have maintained all along that
Congress should set up a special I-Iouse-
Senate committee to check on all the
secret operations of the Government-
"black funds" and the operations of the
intelligence agencies, such as the CIA.
"Black" funds help get the Govern-
ment in the red-and if there is no re-
straint on this spending, even by the
members of Congress, there is no way
to know whether the money is properly
spent or the intelligence operations
properly run.
Any agency . operating in complete,
secrecy. is under easy temptation to ex=
cesses. This is not' our way of doing
business. And this is public money.:
At least Congress should know what is,
happening to it.