where did the money go?

No Republican on new Chairman Waxman's (Democrat) Committee on Government Reformmn (now giving long overdue oversight). or the distinguished panel assembled to testify — had any idea how billions of dollars in reconstruction funds were ultimately spent in Iraq

Shipped to Iraq by the ton on C-130 cargo planes laden with bricks of U.S. tender, the funding in question, held in the Development Fund for Iraq and totaling some $8.8 billion, was doled out and is unaccounted for.

Waxman raised another, more ominous possibility — that reconstruction funding may have wound up in the hands of insurgents and other militant factions..