U.S. Agency Finds New Waste and Fraud in Iraqi Rebuilding Projects - New York Times

U.S. Agency Finds New Waste and Fraud in Iraqi Rebuilding Projects - New York Times: "A federal oversight agency reported Wednesday that despite nearly $108 billion that had been budgeted for the reconstruction of Iraq since the 2003 invasion, the country’s electrical output and oil production were still below prewar levels and stocks of gasoline and kerosene had plummeted to their lowest levels in at least two years."