Wednesday, June 29, 2005

Lawmakers slam Halliburton on costs

HoustonChronicle.com - Lawmakers slam Halliburton on costs: "Pentagon auditors have challenged nearly $1.5 billion worth of Halliburton Co.'s bills to the U.S. military, Democratic lawmakers say.

Placing the military's largest private contractor operating in Iraq under the microscope once again, House and Senate Democrats on Monday pointed to Pentagon audits criticizing Halliburton for inflating costs, billing for unnecessary equipment and submitting millions of dollars in duplicate costs on two contracts valued at more than $11 billion."

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