Lost Billions in Iraq

blogs.alternet.org — If public schools or Medicare providers were held to the same standards as military contractors, they’d never have to beg for cash. Need money? Sure! — Congress would say — what’s a few missing billions of tax dollars?

Congress agreed to pump an extra $33 billion into Afghanistan this week, even as a new report revealed that almost nine billion earmarked for the nation’s other occupation — Iraq — simply, it seems, went missing.

The Special Inspector General for Iraq Reconstruction says $8.7 billion earmarked for Iraq reconstruction has gone. Precisely where, no one can tell him.

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