Hey, this is an interesting little deal about security contractors. This came from the director’s blog from the Congressional Budget Office. Be sure to click on the link below, if you want to read a copy of the report that is posted through a link on the blog. Be sure to read the last finding, which to me indicates exactly why security contractors are such a good deal for the government. –Head Jundi
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Contractors in Iraq
Contractors play a substantial role in supporting the United States’ current military, reconstruction, and diplomatic operations in Iraq, accounting for a significant portion of the manpower and spending for those activities.
CBO released a study today, conducted at the request of the Senate Committee on the Budget, on the use of contractors in the Iraq theater to support U.S. activities in Iraq. The webcast of the press briefing is available here.
CBO found:
* From 2003 through 2007, and converting the funding into 2008 dollars, U.S. agencies awarded $85 billion in contracts for work to be principally performed in the Iraq theater, accounting for almost 20 percent of funding for operations in Iraq. Including funding for 2008 itself, the U.S. has likely awarded $100 billion or more for contractors in the Iraq theater.