‘US wasted billions in Iraq, Afghanistan’: Congressional report
For most of you, in fact - unless you live in Bangor, Maine - this story is not obvious in your newspaper today. A quick scan of front pages across the nation via Newseum turned up no notice of this story on the front pages of: The New York Times, The Washington Post, The LA Times, the Bloomington Times Herald, or The Louisville Courier-Journal. So let me tell you the big news today: We've wasted $51-billion dollars in Iraq. An auditor, called the Special Inspector General for Iraq Reconstruction, delivered a 250,000 page audit to Congress yesterday titled, "Hard Lessons." His name is Stuart Bowen, and he absolutely had some bad news for lawmakers:
- $50+ billion dollars has been funneled to private contractors in Iraq with little government oversight, and that has led to massive fraud and very little progress
- The US has spent 25 times more than pre-war planners envisioned for reconstruction in Iraq, and Bowen calls the effort a "massive failure"