‘Billions already wasted in Iraq, billions more could be.’

Posted on  

"‘Billions already wasted in Iraq, billions more could be.’"

Federal auditors today told the House Committee on Oversight and Government Reform that the government has wasted $10 billion on “overpriced contracts or undocumented costs.” Of that amount, more than $2.7 billion were charged by Halliburton. The Government Accountability Office warned that “the problem could worsen,” given “limited improvement so far by the Department of Defense.”

UPDATE: Watch video highlights of the hearing HERE.

« »

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.