Auditors: Billions Wasted in Iraq

Summary


"There is no accountability," [David M. Walker] said. "Organizations charged with overseeing contracture not held accountable. Contractors are not held accountable. The individuals responsible are not held accountable."

"According to the Pentagon auditors, more than one in six dollars they have audited in Iraq is suspect," [Henry Waxman] said.

Rep. Tom Davis, R-Va., the top Republican on the panel, pointed to ongoing, "systemic" problems in Iraq contracting.

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Auditors: Billions Wasted in Iraq

The U.S. government is at risk of squandering significantly more money in an Iraq war and reconstruction effort that has already wasted, overcharged or poorly tracked $10 billion in taxpayer money, federal investi...

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