Monday, June 27, 2005

Halliburton Overcharges by 1.4 Billion Dollars

According to this article Halliburton has overcharged the troops by 1.4 billion dollars. Yet Karl Rove thinks liberals do not support the troops!

The breakdown:

According to the report, released Monday by Democrats Sen. Byron Dorgan, N.D., and Rep. Henry Waxman, Calif., the audits show Halliburton subsidiary KBR racked up $813 million in questioned costs on an $8.6 billion logistics contract providing food and shelter and other support services to troops; $219 million in questioned costs on an Iraqi oil contract, and a total of $442 million in unsupported costs on the two contracts.

Questionable costs, as defined by Defense Department auditors, are those that would seem unreasonable to the average person. Unsupported costs are those the company can not provide documentation for.


Note, Halliburton can't provide documentation on 442 million of it yet Durbin had to apologize for being unpatriotic. Sounds like a massive inversion of american moral values to me.