Spy spending to drop, and more

The U.S. intelligence budget, which is believed to have doubled over the past decade to $48 billion a year, is likely to fall because of the soariing deficit and economic difficulties.

Spy spending to drop

U.S. intelligence agencies are bracing for lean times. The U.S. intelligence budget, which is classified, is believed to have doubled over the past decade, to $48 billion a year. But officials say spending on intelligence-gathering is likely to fall, amid soaring deficits and economic woes. “Everyone senses we’re reaching the end of growth for the intelligence budget,” said former CIA official Mark Lowenthal.

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