Iraq Reconstruction Waste

By: Associated Press
By: Associated Press

Federal investigators say the US government has squandered billions in taxpayer dollars on Iraq reconstruction.

The three top auditors overseeing work in Iraq have told a House committee they've already found $10 billion has been wasted because of overcharges and unsubstantiated expenses. And they say there's more to come.

Their review of $57 billion in Iraq contracts has found that Defense and State department officials condoned or allowed repeated work delays, bloated expenses and payments for shoddy work or work never done.

David Walker, who heads the Government Accountability Office, told the House Oversight and Government Reform Committee that "There is no accountability." Walker said, "Organizations charged with overseeing contracts are not held accountable. Contractors are not held accountable. The individuals responsible are not held accountable."

(Copyright 2007 by The Associated Press. All Rights Reserved.)

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