US money in Iraq 'squandered'
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A huge unused swimming pool is one example of the US reconstruction funds being wasted in Iraq, auditors say.
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Conditions in Iraq will not  improve sufficiently by September to justify  a drawdown of U.S. military forces, the top  commander in Iraq said yesterday.
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(CBS) The United States didn&#39;t have enough troops in Iraq immediately following the ouster of Saddam Hussein and &quot;paid a big price&quot; for it, the former head of the US occupation there said Monday.
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With only $1 billion US in hand out of $13.6 billion pledged, Iraq&#39;s deputy prime minister Wednesday called on countries to fulfil their promises of aid at the start of a 55-country conference aimed at increasing donations for the
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U.S. authorities are investigating  why $300 million in American bills was taken out of Iraq's  Central Bank this month and flown to Lebanon, the U.S.  ambassador to Iraq said on Sunday.
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A Government Accountability Office report has found that  Iraq had spent much less of its reconstruction budget than what had previously been announced.
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The United States has still only  spent a small portion of the $18.4 billion it set aside for  rebuilding Iraq, a new government report shows.
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WASHINGTON: The US did not have enough troops in Iraq to secure the country and paid a heavy price for the mistake, the former head of the US civilian administration in Baghdad has said.
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A US government auditor says the US Army should withhold 15 per cent of future payments to Halliburton for work in Iraq due to billing disputes - in a move that could cost the contractor tens of millions of dollars.
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The United States is revising its $18.4 billion Iraq rebuilding plan and in a major policy shift will hand over some contracting power to Iraqi ministries for U.S.-funded work, said U.S. officials Tuesday.
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The former US civilian administrator in Iraq says the United States &quot;paid a big price&quot; for not having enough troops on the ground after the overthrow of Saddam Hussein&#39;s regime.
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The United States and its major economic allies struggled yesterday to resolve deep differences over how best to relieve the heavy debt burden for Iraq and the world&#39;s poorest countries.
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The United States is revising its  $18.4 billion Iraq rebuilding plan and in a major policy shift  will hand over some contracting power to Iraqi ministries for  U.S.-funded work, said U.S. officials on Tuesday.
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The US administration seeks to refocus its spending in Iraq on better security and other short-term needs.
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At least $8.8 billion in Iraqi funds  that was given to Iraqi ministries by the former U.S.-led  authority there cannot be accounted for, according to a draft  U.S. audit set for release soon.
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The ambitious wish list launched by the successful campaigns of President George W. Bush and Congressional Republicans ran smack into the harsh reality Wednesday that the United States is short on cash.
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For Barbara and Warner Shingleton, the cost of the Iraq war goes beyond the $140 billion the US has approved for the fighting and reconstruction of the country.