Iraqi and U.S. officials interviewed for the report by the Special Inspector General for Iraq Reconstruction said the $60 billion the U.S. spent on reconstruction efforts in Iraq "should have accomplished more." The findings could portend what lies ahead for the U.S. in Afghanistan where it is also engaged in reconstruction.
The stock market's long climb has some people concerned it may be a bubble about to burst — a bubble artificially pumped up by the Federal Reserve's easy-money policy. That's led to calls — even from within the Fed — for an end to the central bank's extraordinary efforts to keep interest rates low.
Arkansas has approved a law banning most abortions after 12 weeks of gestation, as both houses of the state's legislature vote to override a veto by Democratic Gov. Mike Beebe. The Republican-backed Human Heartbeat Protection Act will become the nation's most restrictive abortion law.