$60 Billion US War Funds Lost to Fraud & Waste

by | Aug 31, 2011

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, poor planning and payoffs to warlords and insurgents. 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.

Read the whole Associated Press piece up at the Huffington Post.

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