Do UFOs Exist? Congress Will Push Defense Department to Tell All: Kiplinger Economic Forecasts
Lawmakers could use hearings and subpoenas to get the truth about UFOs and UAPs.

Congress has recently begun to dig into the possibility that the Department of Defense has knowledge of UFOs. To try to help you understand what is going on and what might happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest...
Congressional obsession with unidentified flying objects is only just beginning. Lawmakers are prepared to build on recent hearings related to UFOs, or UAPs (unidentified anomalous phenomena), the official Pentagon terminology. The latest hearing included testimony from a former Air Force intelligence officer that the government has a UAP crash-retrieval and reverse-engineering program.
Besides additional hearings, they may exercise their subpoena powers in the hopes of forcing Department of Defense officials to cough up desired answers. Congress may also force the transfer of UAP records to a review panel with the power to declassify them. An amendment in the Senate version of the annual Defense Authorization Act is currently under consideration.

Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
The Pentagon denies retrieval of UAP and has a different explanation: These mysterious sightings may be of next-generation military aircraft developed by one of America’s foreign adversaries, most likely China or Russia. Look for defense officials to stonewall Congress as much as possible.
This forecast first appeared in The Kiplinger Letter, which has been running since 1923 and is a collection of concise weekly forecasts on business and economic trends, as well as what to expect from Washington, to help you understand what’s coming up to make the most of your investments and your money. Subscribe to The Kiplinger Letter.
Related Content
- Virgin Orbit Failure Casts Cloud Over Space Voyages: Kiplinger Economic Forecasts
- How to Cash In on the Final Frontier
- 8 Amazing New Technologies That Will Make America's Military Even Stronger
- The Space (ETF) Race: UFO, ROKT and ARKX
- SpaceX in Good Shape Despite Test Flight: Kiplinger Economic Forecasts
- 9 Personal Finance Lessons to Learn From Star Wars
- We're Going Back to the Moon
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Sean Lengell covers Congress and government policy for The Kiplinger Letter. Before joining Kiplinger in January 2017 he served as a congressional reporter for eight years with the Washington Examiner and the Washington Times. He previously covered local news for the Tampa (Fla.) Tribune. A native of northern Illinois who spent much of his youth in St. Petersburg, Fla., he holds a bachelor's degree in English from Marquette University.
-
Stock Market Today: Cautious Investors Let Stocks Drift Lower
Markets weigh encouraging trends for earnings and tariffs against concerning signals from U.S. consumers.
-
A Smart Way to Combat Economic Rollercoasters
Savings With rates on CDs remaining high for now, a CD ladder allows you to maximize your returns with flexibility to your cash when you need it.
-
AI Goes To School
The Kiplinger Letter Artificial intelligence is rapidly heading to K-12 classrooms nationwide. Expect tech companies to cash in on the fast-emerging trend.
-
The IRS is in Chaos
The Tax Letter DOGE, departures, data agreements and more are creating havoc at the IRS.
-
Trump's Second 100 Days
The Kiplinger Letter President Trump's agenda faces legal and legislative roadblocks.
-
The Economic Impact of the US-China Trade War
The Letter The US-China trade war will impact US consumers and business. The decoupling process could be messy.
-
Trump Dials Back Most Tariffs but Targets China
The Kiplinger Letter Wall Street hopes that higher tariffs on most countries are on hold for good. But the trade war between the U.S. and China is heating up.
-
Trump's Sweeping New Tariffs Rattle Wall Street, Main Street
The Kiplinger Letter Trump is promising that the short-term pain of steep new tariffs on imports will spark a manufacturing renaissance. But they pose major risks in the near term.
-
Congressional Republicans Tackle Trump's Agenda
The Kiplinger Letter Despite slim majorities in both chambers, the GOP is gearing up to overhaul taxes, border security and more.
-
What DOGE is Doing Now
The Kiplinger Letter As Musk's DOGE pursues its ambitious agenda, uncertainty and legal challenges are mounting — causing frustration for Trump.