What Has Homeland Security Cost? An Assessment: 2001-2005
This February 2007 analysis of "public and private expenditures on homeland security shows that overall spending rose by $44 billion between 2001 and 2005 -- a clear increase but one that represents a gain of only 1/4 of 1 percent as a share of U.S. GDP." Includes a press release and the full text of the article with statistical tables and charts. From the Federal Reserve Bank of New York.
Hobijn, Bart; Sager, Erick
Federal Reserve Bank of New York