Military Spending Waste: Up To $60 Billion In Iraq, Afghanistan War Funds Lost To Poor Planning, Oversight, Fraud
RICHARD LARDNER 08/30/11 06:57 PM ET
WASHINGTON -- As much as $60 billion in U.S. funds has been lost to waste and fraud in Iraq and Afghanistan over the past decade through lax oversight of contractors, poor planning and payoffs to warlords and insurgents, an independent panel investigating U.S. wartime spending estimates.
In its final report to Congress, the Commission on Wartime Contracting said the figure could grow as U.S. support for reconstruction projects and programs wanes, leaving both countries to bear the long-term costs of sustaining the schools, medical clinics, barracks, roads and power plants already built with American tax dollars.
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http://www.huffingtonpost.com/2011/08/30/military-spending-waste_n_942723.html
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