'Congressional Report: Gross Mismanagement of Iraq Funds By Jason Leopold
t r u t h o u t Report
Wednesday 11 April 2007
A damning report issued last month by the nonpartisan research arm of Congress says the Department of Defense continues to overstate its financial needs, by tens of billions of dollars, to fund the wars in Afghanistan and Iraq. The agency also casts serious doubt on President Bush's statements that money to fund the war will dry up by the end of the month if his budgetary demands are not immediately met.
The 45-page report, "The Cost of Iraq, Afghanistan, and Other Global War on Terror Operations Since 9/11," prepared for Congress by the Congressional Research Service, warned lawmakers that before they release additional funds to the Pentagon for the Iraq war, they should first demand that Defense Department officials provide an accurate accounting of how the money is being spent.
Since 2001, the Pentagon has grossly mismanaged the $510 billion spent thus far on the Iraq and Afghanistan wars; has used money earmarked for equipment upgrades to finance fighting on the battlefield, and has refused to provide Congress with a transparent accounting of the money it has spent and intends to spend, according to the CRS report.
"Congressional leaders have promised more scrutiny of the administration's requests for a [fiscal year] 2007 supplemental and [fiscal year] 2008 war costs. The [fiscal year] 2007 supplemental requests an additional $93.4 billion for war costs, which would bring DOD's annual war cost to $163.4 billion, the highest to date and 40 percent more than in 2006. If enacted, cumulative war costs would reach $607 billion," the report says. "Thus far, Congress is receiving fairly detailed quarterly reporting on various metrics for success in Iraq ... but cost is not one of those metrics."'
Lees verder: http://www.truthout.org/docs_2006/041107J.shtml
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