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.

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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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