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07/20/2004:

"How has the US been spending other people's billions?"

Right now, Mr Waxman has a question on Iraq. In fact, he has several - and in typically robust fashion, he is demanding answers. What he wants to know is whether the Bush administration has been fiddling with Iraq's oil revenues.

He wrote to the Republican chairman of the reform committee on July 9, suggesting there was a serious case to answer. Subpoenas should be issued, he said, "to investigate potential mismanagement of the Development Fund for Iraq (DFI) by the United States".

Full Article : guardian.co.uk