On the recordJune 20, 2006
a man named Henry Bunting worked for KBR, a subsidiary of Halliburton Corporation, in the area of Kuwait where Henry Bunting was in charge of procurement. He had to buy things. Let me show the Senate what he bought. He brought this to a hearing we held. This is a hand towel. He was charged, on behalf of Halliburton's KBR subsidiary, to buy hand towels. He would order a hand towel for the American troops at a certain price, but his company said: Don't do that. We want you to have a hand towel that has the embroidered logo on it, the name of our company. So double the price to the American taxpayer for hand towels for the troops. So you have KBR embroidered on the hand towel. He says: Why should we do that? It doesn't matter. It is cost-plus. The American taxpayer is paying the bill. Don't worry about the cost. Same guy, $7,500 a month for an SUV; $45, $43 for a case of Coca Cola. He said: Don't worry, be happy. The taxpayer is going to pay for all of this. Don't worry about the cost. Yes, I know this towel is one small issue. But when you buy thousands and thousands and tens of thousands of towels and double the price so you can put the logo of the contractor on it because it is a cost-plus contract, that relates to $100 million contracts, and it relates, in my judgment, to billions of waste, fraud, and abuse. Regrettably, the Congress doesn't care enough. I suggest we remedy this by creating a Truman-type committee.…
Source
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