By Christine Niles, M.St. (Oxon.), J.D., Church Militant - A new report in The Wall Street Journal reveals that the Vatican is using as much as 90% of Peter's Pence funds, marketed as the pope's charity for the poor, towards paying off deficits in the Vatican's administrative budget, including salaries and related expenses… Total assets for Peter's Pence assets come to about $670 million, and Vatican sources who spoke with Vaticanista Francis Rocca revealed that about two-thirds of that money is going toward covering the Holy See's budget deficit.