Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Investing

Secret Service Spending

by July 17, 2024
July 17, 2024
Secret Service Spending

Chris Edwards

The Secret Service has failed at its core mission in a stunning manner. Investigations into the assassination attempt on former President Trump are just beginning, but we’re already hearing some really lame excuses from federal officials. Secret Service head Kimberly Cheatle’s claim about the sloped roof being unsafe is one of the most dubious defenses I’ve ever heard for a federal failure.

Ten years ago, the Secret Service was embroiled in a different disastrous failure. As the media reported then, “a man carrying a knife was able to get inside the front door of the White House on Friday night after jumping a fence and sprinting more than 70 yards across the North Lawn.” One of the excuses at the time was underfunding, or a staffing shortage, as I discussed here.

If the administration uses that excuse this time, it would not be very convincing because the Secret Service budget has soared in recent years. The chart shows the agency’s total outlays since 2000. The 2024 figure is the administration estimate from March. I put the budget data in constant 2024 dollars using the budget deflator.

Secret Service real spending has grown from $2.34 billion in 2014 to $3.62 billion in 2024, which is a 55 percent increase in ten years. Again, those are inflation-adjusted dollars.

Federal government failure is endemic, and it is not for a lack of funding. I examine the real reasons in detail here.

0
FacebookTwitterGoogle +Pinterest
previous post
Find Trades Using These POWERFUL MACD Combinations
next post
The Potent Political Effect of Border Chaos and Immigrant Crime: Separating Rhetoric from Reality

You may also like

World Press Freedom Day: The Global Free Speech...

May 3, 2023

There Is No Good Reason to Revoke Birthright...

January 23, 2025

Powell v. SEC: Judges Should Strike Down the...

July 10, 2024

From Debt Ceiling Crisis to Debt Crisis

May 22, 2023

Should the US Government Privatize the Post Office?

February 12, 2025

Trump’s Tariffs Undermine His Tax Cuts

June 27, 2024

No Need to Race to the Bottom with...

February 12, 2024

A Crackdown on Crypto Won’t Stop Hamas

October 18, 2023

As EV Sales Hit a Speed Bump, NC...

August 7, 2024

Venezuela: How Monetary Mismanagement Contributed to Maduro’s Weakness

July 26, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • ‘Gone too far’: GOP lawmakers rally around Trump after Musk raises Epstein allegations

      June 6, 2025
    • Democrats begin to embrace Musk amid Trump spat after party railed against him as a ‘dictator’

      June 6, 2025
    • Trump administration defends US and Israeli sovereignty with new sanctions against four ICC judges

      June 5, 2025
    • Musk unleashes wild Epstein claim against Trump after being booted from DOGE

      June 5, 2025
    • Three Charts Showing Proper Moving Average Alignment

      June 5, 2025
    • Biden only hand-signed one pardon during final spree, and it was his most controversial one

      June 5, 2025

    Categories

    • Business (8,149)
    • Investing (2,011)
    • Politics (15,542)
    • Stocks (3,129)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved