Tags: Iraq | corker | iraq | waste | abuse | 8 | billion

Corker: $8 Billion in Wasteful Spending in Iraq 'Appalling'

Thursday, 07 Mar 2013 09:58 AM

By Sandy Fitzgerald

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Tennessee Sen. Bob Corker says the State Department and its aid agency need a complete review following a report released Wednesday detailing at least $8 billion in “waste and abuse” of funding that went to reconstruction efforts in Iraq.

Calling the report “appalling,” the top Republican on the Senate Foreign Relations Committee said it “highlights real failures of planning and execution that must be corrected,” The New York Times reported Thursday.

But at the same time, Corker also acknowledged that the report highlights “some approaches that worked and could be applied to future reconstruction efforts, especially the billions of dollars in remaining reconstruction funds for Afghanistan.”

Robbed:
Secret ‘Financial War’ Will Wipe Out Your Wealth, Warns Pentagon Adviser

According to The Times, the report, written by Stuart W. Bowen Jr., the inspector general for reconstruction projects in Iraq, documented how some $60 billion in U.S. aid was spent, including both successes and enormous mistakes. It also provided some candid comments on the failure of some programs from former Secretary of Defense Leon Panetta, and from United States and Iraqi diplomatic officials.

“The Iraq reconstruction program,” the report concluded, “provided a plethora of lessons about what happens when stabilization and reconstruction operations commence without sufficient systemic support in place.”

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Scotland Rejects Independence, Votes to Stay in United Kingdom

Friday, 19 Sep 2014 01:24 AM

Scotland has chosen to stay in the United Kingdom, spurning independence in a historic referendum that had worried allie . . .

Early Results Show Scots Vote Against Independence

Thursday, 18 Sep 2014 22:37 PM

Early returns Friday showed Scotland voting against declaring independence from the United Kingdom. . . .

Senate Dems Block Cruz Bill to Strip Citizenship From Terrorists

Thursday, 18 Sep 2014 22:26 PM

The Senate has refused to consider Sen. Ted Cruz's bill that would strip Americans of their citizenship for joining the  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved