http://apnews.excite.com/article/20040213/D80MJQ481.htmlHalliburton Accused of Wasting Tax Money
Feb 13, 4:09 PM (ET)
By LARRY MARGASAK
WASHINGTON (AP) - Frustrated that they couldn't convince Republicans to conduct hearings on Vice President Dick Cheney's former company, Democrats convened a panel of their own Friday to hear a former Halliburton employee testify that the company wastes taxpayers' money.
"It seems to me that these incidents may well reflect a broad mind-set: one that was born on the day that these contracts were awarded without competition, and that was nurtured through a lack of oversight by this current administration and majority-controlled Congress," Dorgan said.
_Top Halliburton officials frequently told employees that high prices charged by vendors were not a problem because the U.S. government would reimburse the costs and then pay the company an additional fee.
The letter was sent to the Defense Contract Audit Agency, which found in a preliminary audit that Halliburton may have overcharged taxpayers $61 million in delivery of oil to Iraq.