US wasting billions on military contracts
Washington, July 24: A draft report by a bipartisan congressional panel shows that the United States has wasted or misspent USD 34 billion on contracting for services in Iraq and Afghanistan.
The three-year investigation comes from the Commission on Wartime Contracting in Iraq and Afghanistan, which was established by Congress in 2008, the Wall Street Journal reports.
The report, which is expected to be sent to Capitol Hill in the next few weeks, lays out in detail the failure of federal agencies in American wars.