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Halliburton Picks Our Pockets

by TChris

Audits continue to show that Halliburton is treating the federal treasury as a deep pocket that is easily picked.

"DCAA has identified significant deficiencies in [Halliburton subsidiary] KBR's estimating practices related to the award of subcontract costs," said William Reed, director of the Defense Contract Audit Agency, in prepared testimony. He said these deficiencies led to potential overpricing at dining halls in Kuwait and Iraq for U.S. troops and that the military was holding back on paying $186 million for meals.

Vice President Cheney vigorously denies that he played any role in the decision to award lucrative contracts to Halliburton, his former employer. Here's a good argument that, like "many things uttered by the vice president, this simply is not true."

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