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View Full Version : Panel tallies massive waste and fraud in wartime U.S. contracts




tangent4ronpaul
08-31-2011, 04:41 PM
http://www.cnn.com/2011/POLITICS/08/31/wartime.contracting/

Editor's note: The 240-page final report of the Commission on Wartime Contracting is online at http://www.wartimecontracting.gov/.

Washington (CNN) -- A nonpartisan panel reporting to Congress says the United States is wasting $12 million a day among contracts issued in support of American efforts in Iraq and Afghanistan.

The Commission on Wartime Contracting spent the past three years documenting whether American funding went where it was supposed to. The findings show misdirected money has totaled between $31 billion and $60 billion, and that both the government and the contractors are to blame for fraud and waste.