1.0 link 81757 http://www.huffingtonpost.com/ilan-goldenberg/nsn-iraq-daily-update-116_b_81757.html GAO: FAULTY DATA USED BY BUSH ADMINISTRATION IN "BENCHMARK" REPORT

The Bush administration claims Baghdad spent 24% of their capital projects budget, but the GAO says that Iraq's official expenditure reports only 4.4% was spent. The study released Tuesday by the GAO focused specifically on whether Iraqis were spending their capital budget (money spent on Iraq's infrastructure). Capital projects make up 90% of the Iraq's investment budget. The new GAO report said the administration number in the September assessment...

]]> 2008-03-28T02:48:00-04:00