I hadn't heard this anywhere else. Since the bill didn't need approval ASAP, it seems like the Democrats could have opposed passage until the Bush Administration accepted the anti-profiteering provisions. Might have, at least, forced a compromise and it might even have alerted the nation to the looting of the treasury by Bush cronies.
http://www.wsws.org/articles/2003/nov2003/sena-n13.shtml<edit>
Along with that provision, House and Senate conferees charged with reconciling differences in the versions of the bill passed by their respective bodies also cut out anti-profiteering and oversight provisions added in the original Senate debate. One amendment would have imposed jail terms of up to 20 years and heavy fines on anyone found defrauding either the US or Iraq.
That provision was added in the context of numerous reports of price gouging on contracts for government work in Iraq. Most notably, it was recently documented that Halliburton—the company that Richard Cheney headed for five years, which gave him a $33 million payout when he left to run for vice president, and which still pays him $180,000 a year—was charging the US Army $2.65 a gallon for gasoline imports, which would cost them only $0.90 a gallon to purchase in neighboring Kuwait.
According to a recent NBC News report, another politically connected Pentagon contractor, DynCorp, is hiring senior people to train Iraqi police at a cost to American taxpayers of some $400,000 a year per trainer, counting living expenses and tax liability reimbursements. Worth about $50 million so far, the contract—which had only one other bidder—is expected to generate $800 million in revenue to DynCorp over the next two years.
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A number of prominent Democrats made public statements critical of the dropping of the anti-profiteering amendment, including its co-sponsors Patrick Leahy of Vermont and Diane Feinstein of California, as well as Hillary Rodham Clinton of New York, but not one of them dared demand a roll-call vote on the final bill, which would have put their votes on record.
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