Report: U.S. Wasted $60 Billion in Iraq; No Mention of Wasting $800 Billion on Obama Stimulus

Posted by on Mar 06, 2013 at 8:58 am

While we have little doubt a lot of money was squandered in Iraq, it’s chump change next to the trillions Obama has spent since he assumed the throne.

Ten years and $60 billion in American taxpayer funds later, Iraq is still so unstable and broken that even its leaders question whether U.S. efforts to rebuild the war-torn nation were worth the cost.

In his final report to Congress, Special Inspector General for Iraq Reconstruction Stuart Bowen’s conclusion was all too clear: Since the invasion a decade ago this month, the U.S. has spent too much money in Iraq for too few results.

The reconstruction effort “grew to a size much larger than was ever anticipated,” Bowen told The Associated Press in a preview of his last audit of U.S. funds spent in Iraq, to be released Wednesday. “Not enough was accomplished for the size of the funds expended.”

So when is the AP going to investigate where all of the Obama stimulus money went? He’s been  whining about crumbling infrastructure during his sequester scare tactics, so what do we have to show for legislation that spent at least 13 times the amount spent in Iraq?


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