Billions lost on contracts in Iraq, Afghanistan
A new report blasts the U.S. government for wasting tens of billions of dollars in Iraq and Afghanistan by relying too much on contractors and doing too little to monitor their performance.
The interim report from the Commission on Wartime Contracting in Iraq and Afghanistan points out that contractors in the war zones sometimes have exceeded the number of military personnel. Numbering 200,000, contractors now roughly match the military force.
"Misspent dollars run into the tens of billions," the report said. The 64-page report was released Thursday and will be followed up next week with a hearing on how to improve contractor accountability.
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