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bobbyw24
08-31-2011, 07:02 AM
WASHINGTON —

As much as $60 billion in U.S. tax dollars has been lost to waste and fraud in Iraq and Afghanistan over the past decade due to lax oversight of contractors, poor planning and corruption, according to an independent panel.
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In its final report to Congress, to be publicly released Wednesday, the Commission on Wartime Contracting said the waste could grow as U.S. support for reconstruction projects and programs wanes, leaving Iraq and Afghanistan to bear the long-term costs of sustaining the schools, medical clinics, barracks, roads and power plants already built with American money.

Government agencies should overhaul the way they award and manage contracts in war zones so they don't repeat the mistakes made in Iraq and Afghanistan, the commission said. Among the report's 15 recommendations are the creation of an inspector general to monitor contracting and the appointment of a senior government official to improve planning and coordination.

Report at

http://www.wokv.com/news/ap/us/panel-widespread-waste-and-fraud-in-war-spending/nDXWF/

fisharmor
08-31-2011, 07:25 AM
Is anyone left who doesn't realize that the waste is the entire point of these wars?
How do you get a postcard delivered under a rock on Mars?

dean.engelhardt
08-31-2011, 07:30 AM
Only $60 billion????? Anyone with any intelligence should find this insulting. The entire Iraq war is waste because we have no national interest.

Acala
08-31-2011, 08:58 AM
Is anyone left who doesn't realize that the waste is the entire point of these wars?
How do you get a postcard delivered under a rock on Mars?

Exactly. It really isn't waste if that money is going where it was intended to go - into the pockets of contractors and bankers. The fact that the American people get nothing in return is beside the point or we wouldn't be there in the first place.

oyarde
08-31-2011, 10:08 AM
Well at 60 billion over Ten Years , consider yourself lucky , More THAN THAT EACH YEAR in Medicare & Medicaid and they are not even using ammo or fuel !