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Commission Claims $30 Billion of Waste in Iraq, Afghan Contracts

More than $30 billion has been wasted from U.S.-funded Iraq and Afghanistan contracts, according to the final report of a congressionally mandated commission.

That’s about one in every six dollars of the $192.5 billion spent on contracts and grants from fiscal 2002 to the middle of fiscal 2011, according to the Commission on Wartime Contracting. Expenditures are expected to reach $206 billion by the end of this fiscal year on Sept. 30, according to commission figures.