Right after the wall fell and the Soviet Union fell apart the Democrats in Congress began working the "victory equity". They felt there was no more need of the intelligence machine we had in the past and began to systematically gut intelligence budgets.
Many of those who worked in intel left and created their own companies to collect intel, usually hired by governments such as Australia and the UK, and are now hired back by the US government at a much heftier price now that there is a realization that technology intel didn't provide the correct information and that there is a need for their services. It's more expensive, it's less controlled, but the need was created in the past because there was no longer a "need" for such and we should spend our "victory equity" on domestic issues.