7.1 Billion in Hurricane Aid?!
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| Tue, 09-28-2004 - 4:40am |
All right... where the heck is this going to come from? Taxes are going to have to be raised to pay for this....
http://apnews.myway.com/article/20040928/D85CHFB81.html
Bush Seeks $7.1B More for Hurricane Relief
WASHINGTON (AP) - Billions more federal dollars will likely pour into Florida and other Southeastern states as they struggle to return to normal after a series of devastating hurricanes.
In his third request to Congress for supplemental storm aid, President Bush asked lawmakers on Monday for an additional $7.1 billion. Congress has already approved Bush's first request of $2 billion and is considering his second, a $3.1 billion proposal - meaning the price tag for all three could exceed $12.2 billion.
The government will have to borrow to pay for the packages, adding to already huge federal deficits.
The latest request includes $4.5 billion for the Federal Emergency Management Agency, which provides assistance to individuals and to state and local governments.
That means that if the requests are all approved, FEMA would get more than $8 billion for the four storms that have pummeled the Southeast since mid-August. The most FEMA has ever spent for a natural disaster was $7 billion after the 1994 Northridge earthquake in California.
The latest request was coming to Capitol Hill as the remnants of Hurricane Jeanne, the fourth in a row, rumbled north into Georgia after adding to the damage its predecessors caused in Florida.
While the first two requests focused on hurricanes Charley and Frances, the latest was supposed to include damage caused by Ivan - and some initial funds for recovery from Jeanne.
The new package also contains $889 million for the Defense Department to repair military facilities in the affected area.
Other requests in the $7.1 billion package include:
_$600 million to make emergency repairs to hurricane-damaged roads and highways.
_$472 million in Small Business administration loans for businesses and homeowners.
_About $400 million for the Agriculture Department to aid farmers suffering crop and other losses.
_$81 million for the Army Corps of Engineers to restore navigational channels and other repair projects.
_$132 million to repair major federal facilities, including installations of the Veterans Affairs Department and other agencies, including wildlife refuges.
_$50 million in disaster and famine relief assistance to Grenada, Haiti, Jamaica and other countries struck by the hurricanes.
The repeated pummeling has frustrated many in Florida and made some of its lawmakers impatient for more federal assistance.
Miffy - Co-CL For The Politics Today Board
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Miffy - Co-CL For The Politics Today Board
OH my gosh!
Miffy - Co-CL For The Politics Today Board
Miffy - Co-CL For The Politics Today Board
Super post!
Miffy - Co-CL For The Politics Today Board
Yes! That's what I meant to say in my long-winded post!!! Thanks for putting it more succinctly! :-)
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