• $2 billion of DoD’s Iraq War spending unaccounted for (oops) source

• » Audit time! With the Iraq War’s chapter effectively closed, now’s apparently a good time to look back at all the money we spent there. There’s a problem, however: Of the $3 billion the Iraqi government set aside for the Department of Defense to use for reconstruction between 2004 and 2007, approximately two-thirds of that is unaccounted for. Worse, auditors can’t even find most of the documents: “From July 2004 through December 2007, DoD should have provided 42 monthly reports,” an audit says. “However, it can locate only the first four reports.” Ever lose track of like $2 billion bucks? It’s fun, right?

Posted by Ernie Smith • Permalink