Yesterday I mentioned that after granting two prior exemptions the Pentagon had decided that Halliburton should be treated like all other defense contractors who cannot account for how your tax dollars are spent by witholding 15% of contracted payments to Dick Cheney’s company.
The Army reversed a decision late Tuesday to withhold payment on 15 percent of future payments to the Halliburton Company on its contracts in Iraq and Kuwait, giving the company more time to resolve a billing dispute.
Government contractors normally cannot be paid more than 85 percent of their invoices until they fully account for their costs. Twice this year, the Army set this rule aside for Halliburton as the company cataloged its costs and explained how it was billing the government. The most recent reprieve expired Sunday.
The waivers granted to Halliburton have annoyed several members of Congress, who say the company has had undue privileges because of its former ties to Vice President Dick Cheney. Mr. Cheney led the company from 1995 until he became the Republican vice presidential candidate in 2000.
Come on, John Kerry, this issue is tailor made for you.