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http://www.abc.net.au/news/newsitems/200407/s1159343.htm
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Last Update: Thursday, July 22, 2004. 10:53am (AEST)
Terror cost blow-out
US 'war on terrorism' faces $US12b cost blow-out
United States military operations in Iraq and Afghanistan will exceed
their budget by $US12.3 billion this fiscal year, leaving the Pentagon
scrambling to make up the shortfall, according to a US Congressional
report.
The Government Accountability Office (GAO), the investigative arm of
the US Congress, said in its report "Fiscal Year 2004 Costs for the
Global War on Terrorism" that the US Defence Department is taking a
number of measures to make up the cost overruns, including
transferring funds among appropriations accounts and putting off some
planned military activities until a later date.
Congressional investigators signalled that stricter oversight of
future Pentagon spending may be needed.
"Recent congressional actions have signalled the Congress' intent to
require greater accountability regarding the use of (Global War on
Terror) funds," the report read adding, that "additional actions are
necessary".
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