US TAX PAYERS DUPED $60 BILLION IN FRAUD & DUMP: Senator Clair McCaskill
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US TAX PAYERS DUPED $60 BILLION IN FRAUD & DUMP: Senator Clair McCaskill

Washington : PA : USA | Aug 31, 2011 at 9:44 AM PDT
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A Commission on Wartime Contracting in Iraq and Afghanistan started work in 2008, conducting many hearings as called for by Senator Clair McCaskill and fellow democratic Senator Jim Webb. It examined more than $200 billion spent on contracts and grants through the end of, 2010. An investigation into U.S. spending in Iraq and Afghanistan finds as much as $60 billion has been lost in waste and fraud.

This commission states in it’s findings at least $31 billion has been wasted on projects run by private companies and individuals, both from the US, in Iraq and Afghanistan, who were hired by the U.S. government. But it said the actual amount lost was likely closer to $60 billion.

The report says waste is the biggest problem, driven by bad and slanted decision-making, vague requirements and a lack of training. It says another key problem is the funding of large projects that Iraq and Afghanistan would not sustain on their own once US defence & other staff exit.

It further in its final report criticizes Washington for its over-reliance on contractors, saying officials knew well in advance of the wars that the U.S. government could not sustain any long-term military action on its own.

Panel member Democratic Senator Claire McCaskill, who pushed Congress to create the commission, says it was, as she put it, "disgusting" that nearly a third of the billions of U.S. dollars spent in Iraq and Afghanistan had been squandered.

The report also avers that much of the waste and fraud could have been avoided with the use of better perspective and such other safeguards. She described the existing callousness of waste and fraud as "shocking."

This conclusive INDICTMENT is the result of a nearly three-year-long investigation into the use of contractors in the two war zones.

This report, by an independent panel and submitted to the Congress on Wednesday, 31st August, 2011, also warns that the amount of money lost will continue to grow unless significant changes are taken with immediate effect.

This commission styled after the Truman Committee, which examined the then US. wartime expenditure following World War II is the irony.

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"US TAX PAYERS $60 BILLION GOES IN FRAUD & DUMP because of its WARS"
The result of Organizes Politics and disastrous management for selfish ends!!??
Leosdesk is based in Hyderabad, Andhra Pradesh, India, and is a Stringer on Allvoices.
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