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Bush Campaign Backers Reap $8 Billion in Iraq Contracts

HeadlineOct 31, 2003

A new report by the Center for Public Integrity has found that the main beneficiaries of the $8 billion Iraq reconstruction contracts were major donors to President Bush’s election campaign and nearly all of the top 10 contractors had close ties to Washington’s political establishment. Over the past decade President Bush has received more than $500,000 in campaign donations from the 70 companies that have won reconstruction contracts. No other politician in the country received more money from these companies. The biggest windfall so far has gone to Halliburton subsidiary Kellogg Brown and Root which has received $2.3 billion from the government so far. Halliburton’s former CEO is Vice President Dick Cheney. Bechtel is second having received just over one billion dollars in Iraq contracts.

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