Budget Boondoggle Posted by Patrick Barry

There was a lot of uproar earlier this month over the fact the Iraq government had only spent a fraction of its reconstruction budget, despite soaring oil revenues. Senator Levin was especially irate, wondering:

"Why are we spending our money five years later when they have a surplus? That’s just extraordinary.”

Well Senator Levin, I don't know what to tell you, because according to this story, we're apparently doing just as poor a job spending Iraq's budget as the Iraqis.  This next passage highlights the absurdity:

In one case, according to documents displayed by Pentagon auditors at the hearing before the House Committee on Oversight and Government Reform, a cash payment of $320.8 million in Iraqi money was authorized on the basis of a single signature and the words “Iraqi Salary Payment” on an invoice.

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