Auditors: Billions Wasted in Iraq. Obama: We need a tax increase.

It’s really difficult to pin-down the exact total costs of the completely unnecessary war in Iraq but I’ve read it’s upwards of $1 Trillion.  I’ve always wondered how much fraud and waste were contributing.  Found this today on The Daily Beast:

(From the Associated Press July 14, 2012 7:24 AM)

“For years, auditors have been trying to follow the money in Iraq, and trace just how much of America’s $51 billion in reconstruction funds have been well spent. In its final audit report Friday, the Office of the Special Inspector General for Iraq Reconstruction Funds said that “billions” had likely been squandered, although “the precise amount lost to fraud and waste can never be known.” The audits themselves cost $200 million. But the office still isn’t sure of the exact figures—“a complete accounting of all reconstruction expenditures is impossible to achieve,” due to budget shortfalls, the report explained.”

Our government has enough money, they just need to agree on priorities.  And in my opinion the only place we should be spending it to “nation-build” is here at home.