2006-06-20

Federal Contracts Up 86% Under Bush; Halliburton Rises 600%

A new report claims that a "shadow government" of federal contractors has exploded in size over the last five years.

The document, compiled at the request of Rep. Henry Waxman (D-CA) and distributed to RAW STORY, indicates that procurement spending increased by over $175 billion between 2000 and 2005, making federal contracts the fastest growing component of federal discretionary spending.

Waxman claims that overcharging -- by mistake or outright fraud -- has been a frequent occurrance. In all, the report identifies 118 federal contracts worth $745.5 billion that have been found by government officials to include significant waste, fraud, abuse or mismanagement.

How can you so-called "conservatives" still support this corrupt administration???

1 comment:

Paul Hue said...

I oppose govt fraud, and support oversight and scrutiny of these affairs. If there were no fraud, you would still oppose the war. It is possible to fight a war without govt fraud, I presume.

I have lost confidence that Bush has minimized this kind of fraud in his conduct of this war, and that angers me.