by Mike ‘Mish’ Shedlock
Amazingly, the US Army has no idea how it spent $6.5 trillion. Since that number dwarfs the entire annual defense budget, it seemingly has to be wrong. But sadly, it isn’t.
And the number isn’t the conclusion of some wild speculator. Rather, the figure comes from the Defense Department’s Inspector General who notes massive figure “plugging” has been going on since 2010.