Wasteful spending

(EVAN VUCCI/The Associated Press) Defense Secretary Leon Panetta testifies on Capitol Hill in Washington, Tuesday, Nov. 15, 2011, before the Senate Armed Services Committee hearing on security issues relating to Iraq. Debate over Pentagon spending cuts is heating up as a bipartisan congressional panel tries to come up with a plan to cut the federal deficit. The Pentagon says that if Congress’ so-called supercommittee fails to meet a Nov. 23 deadline for a debt plan, it will trigger spending cuts that would endanger national security, invite aggression and devastate Defense Department operations.

Pentagon spending cuts: Dangerous or just overdue?

Last updated Wednesday, November 16, 2011 - 8:48am

WASHINGTON — What are taxpayers supposed to think? The Pentagon says threatened budget cuts will invite aggression, endanger national security and devastate its operations.

Budget, Budget cuts, Pentagon, U.S. Military, Wasteful spending, National     Read more     Comments

Panel: Widespread waste and fraud in war spending

Last updated Wednesday, August 31, 2011 - 7:03am

WASHINGTON — As much as $60 billion in U.S. tax dollars has been lost to waste and fraud in Iraq and Afghanistan over the past decade due to lax oversight of contractors, poor planning and corruption, according to an independent panel.

Afghanistan, Federal Government, Fraud, Iraq, Iraq war, Wasteful spending, National     Read more     Comments
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