16 $21 Trillion in Unaccounted-for Government Spending from 1998 to 2015
Two federal government agencies, the Department of Defense and the Department of Housing and Urban Development (HUD), may have accumulated as much as $21 trillion in undocumented expenses between 1998 and 2015. Independent news sources, including RT and USAWatchdog, reported this finding based on an investigation conducted by Mark Skidmore, a professor of economics at Michigan State University. Skidmore began to research the alleged irregularities in DoD and HUD spending after hearing Catherine Austin Fitts, who was assistant secretary of HUD during the George H.W.