Ex-workers say Halliburton overcharges routine

From the Houston Chronicle:

Halliburton, which as a government contractor is supposed to keep a lid on costs, selected embroidered towels when ordinary ones would have cost a third as much and leased cars, trucks SUVS and vans for up $7,500 a month, the would-be whistleblowers said.

Indeed, the motto at Halliburton was "Don't worry about price. It's cost plus," one of the ex-workers told lawmakers.

That's a reference to a type of government contract in which a company like Halliburton would be reimbursed for the cost of providing a service, plus receive an additional percentage as profit.

Halliburton is, of course, Vice President Dick Cheney's former firm which is now raking in the cash from federal contracts for the reconstruction of Iraq.

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