Monday 29 August 2011

US Wasted $30B Dollars in Iraq and Afghanistan


More than $30 billion - one in every six dollars of U.S. spending in Iraq and Afghanistan - has been wasted, according to a bipartisan commission on wartime contracting.
“Tens of billions of taxpayer dollars have been wasted through poor planning, vague and shifting requirements, inadequate competition, substandard contract management and oversight, lax accountability, weak interagency coordination, and subpar performance or outright misconduct by some contractors and federal employees,” write the report’s co-authors in a Washington Post editorial on Sunday.
Read more: http://www.politico.com/news/stories/0811/62219.html#ixzz1WPoRd9vB

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