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Maybe they need some of the TSA budget, or hopefully all of it.

I think however they are not referring to electronic storage but probably reams of physical documentation.

Or maybe they should just be expunged from the budget all-together. They're a giant money sink. The war on drugs is fairly well lost.
The DEA is way worse than the TSA. The TSA only harasses you, whereas the DEA kills, imprisons, seizes, and tramples the constitution any chance they can. The TSA can be avoided, but the DEA can raid the wrong house, and possibly kill you. DEA wrong house raid: http://www.youtube.com/watch?v=MHP4jBXnSfA
As a foreigner I'm surprised that this is shown on fox news. GOP minus Ron Paul's tea party branch are pro war on drugs aren't they? So fox news is actually more diverse than I thought. If their viewership is as diverse, there might still be hope..
Don't hold your breath. While a large number of conservatives oppose the drug war, Fox News by and large does not at all.

Also, FYI, Ron Paul isn't really associated with the tea party; in fact, Googling 'Ron Paul tea party' yields primarily articles analyzing why he's unpopular with them.

Are there regulations pertaining to how the data must be stored? i.e. do these 40TB have to be fully encrypted and quadruple redundant? i mean it would still be a laughably small amount (since a usb flash drive now can have 1TB ) and disc costs are pennies per GB.

I feel like there has to be another reason.

Isn't it possible that all the data have to be printed out and stored in multiple copies? :)