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Thursday, October 4, 2007

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Report cards in for Iraqi spending

U.S. soldiers search house in Iraq

The House is reviewing Pentagon spending on reconstruction efforts in Iraq and Afghanistan. About a third of the $45 billion spent to rebuild Iraq was used for security. Jeremy Hobson reports.

U.S. soldiers search a house during an operation in the suburbs of Baquba, northeast of Baghdad, on Monday. (Alexander Nemonov, AFP/Getty Images)

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TEXT OF STORY

Doug Krizner: Reconstruction in Iraq and Afghanistan has been anything but easy. The security situations in both countries have made it more expensive to rebuild -- everything from schools to power plants. Today, House lawmakers get a reconstruction report card from the Pentagon. Jeremy Hobson has more.


Jeremy Hobson: A recent Inspector General's report found the U.S. has spent about $45 billion reconstructing Iraq. More than a third of that money went toward building Iraqi Security Forces.

Gordon Adams: Security became job one.

Gordon Adams is a professor of International Relations at American University.

Adams: And reconstruction simply couldn't happen unless the folks doing it and the things being reconstructed were protected.

Lawmakers are also focusing today on security and reconstruction efforts in Afghanistan, which have cost the U.S. nearly $20 billion so far, according to congressional estimates.

Rick Barton is with the Center for Strategic and International Studies. He says today, much of the reconstruction budget is going toward a controversial program to eradicate poppy production.

Rick Barton: The U.S. military does not like the eradication program. They feel that it generates insurgents.

Out of frustration, the Senate recently passed legislation that would create an Inspector General for Afghanistan reconstruction.

In Washington, I'm Jeremy Hobson for Marketplace.

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"Chris Farrell calls this a 'blue-collar recession'. According to journalist Nan Mooney and professor of financial law Elizabeth Warren, the white-collar middle-class may not be losing jobs, but they are falling behind in earnings and growing in debt, so are feeling -- and are -- less secure than their parents. Job loss, wage stagnation (or retreat) for white-collar workers, job insecurity . . . really rankle when we see the top 1 percent continue to grow richer each year, and often because today's business practices squeeze the rest of us till we bleed."

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