Identity theft cost businesses and financial institutions nearly $ 48 billion and consumer victims reported $ 5 billion in out-of-pocket expenses last year , according to the FTC .
According to the survey , last years identity theft losses to businesses and financial institutions totaled nearly $ 48 billion and consumer victims reported $ 5 billion in out-of-pocket expenses .
Walker said he expects that the president 's budget will include a request for three percent to five percent budget increases for NASA for each of the next five years .