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Current | In the Spotlight Archives Bush Investment Plan: Profits for Halliburton, Nothing for WorkersBy: Bracken Hendricks and Skye Perryman November 6, 2003 Get the Full Report. Republican allegiance to corporate interests has distorted the direction of US policies both at home and abroad. But there is a better way: it is time for a new vision on energy policy and national security. It is time for an Apollo Project that reinvests in American communities, creates jobs at home, and ends our dependence on foreign oil and its corrupting political influence once and for all. In a victory for civic participation and government accountability, the U.S. Army Corps of Engineers announced today that it would cancel its contract with Halliburton Corporation for oil transportation into Iraq. This comes after several weeks of pressure by Democratic Congressmen Waxman and Dingell, who have led the charge to uncover the truth about Halliburton's no-bid contract with the U.S. Government. Reports suggest that Halliburton has been charging the US government more than twice the actual cost of importing fuel into Iraq, a move that has cost millions in taxpayer dollars. In a convenient coincidence, the cancellation of Halliburton's contract comes just two days after House Republicans stripped the Iraq supplemental bill of an anti-profiteering provision which would have held companies holding contracts with the U.S. government criminally accountable for price gouging. Once again, the Republicans have failed to hold businesses accountable. Get the Full Report. |
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