BILLIONS OF DOLLARS TO PRIVATE CONTRACTORS SQUANDERED.
Number of Private Contractors Explodes Under Bush.Halliburton has been the “fastest growing contractor” under the Bush administration.
Federal spending to Halliburton “increased over 600% between 2000 and 2005.” The Government Accountability Office recently found that the government has wasted at least $2.7 billion to Halliburton on “overpriced contracts or undocumented costs.” At the end of 2005, Cheney’s stock options were valued at more than $8 million, a 3,281 percent gain from 2004.
VIDEO: More Dollars, Less Sense. Chairman Henry Waxman says we are spending way too much money on outside contracts…our taxpayers are not being protected from waste, fraud, abuse and corruption.
BILLIONS TO TRAIN INSURGENTS TO KILL OUR SOLDIERS!
The lack of transparency is especially worrisome, the report said, because of the possibility that Iraqi forces trained and equipped by the United States have joined the insurgency or sectarian militias.