$120 Billion to Rebuild Iraq

Stuart Bowen, special inspector general for Iraq reconstruction has released his quarterly report to Congress on efforts to rebuild Iraq's shattered nation — a program now expected to spend $117.79 billion. There was no figure available for how much allocated Iraqi money had been spent. Of the $17 billion pledged internationally, only $2.5 billion had been disbursed. And at of the end of the quarter, the U.S. had spent $33.28 billion of the more than $50 billion Congress appropriated, Bowen said. He said American taxpayers did not always get their money's worth.