Here's an article from last summer -- but, really, nothing has changed.
U.S. Funds for Iraq Are Largely Unspent
By Rajiv Chandrasekaran
Washington Post Foreign Service
Sunday, July 4, 2004; Page A01
BAGHDAD, July 3 -- The U.S. government has spent 2 percent of an $18.4 billion aid package that Congress approved in October last year after the Bush administration called for a quick infusion of cash into Iraq to finance reconstruction, according to figures released Friday by the White House.
The U.S.-led occupation authorities were much quicker to channel Iraq's own money, expending or earmarking nearly all of $20 billion in a special development fund fed by the country's oil sales, a congressional investigator said.
Only $366 million of the $18.4 billion U.S. aid package had been spent as of June 22, the White House budget office told Congress in a report that offers the first detailed accounting of the massive reconstruction package.
Thus far, according to the report, nothing from the package has been spent on construction, health care, sanitation and water projects. More money has been spent on administration than all projects related to education, human rights, democracy and governance. <snip>
http://www.washingtonpost.com/wp-dyn/articles/A26310-2004Jul3.htmlIn December and early January, Congress was falling all over itself to reallocate the unspent Iraq "reconstruction" money to tsunami relief.
It's a gigantic rip-off of Iraqi oil money for giant corporations, with the shills playin a friggin shell game in front for the benefit of the rubes ...