Federal officials have repeatedly pointed to the $85 billion that has been directed to the Gulf Coast, although a close look shows that money includes billions of dollars for temporary housing for flood victims, flood insurance payments and other direct assistance to local residents that is required by law.I hope the next step is to crack the chest open to see where each penny is going. For example, are they including SBA loans? And the White House says $25 billion has been spent. Does that include the $13.5 billion in flood claims payments the government has already given out? Or the $3 billion in SBA loans(PDF file)? It must include the $6 billion FEMA has spent on financial and housing assistance. What else?
I got questions. Who got answers?
2 comments:
Let's not forget money for military bases and reimbursing school districts elsewhere. And I'll bet you a dime to a dollar that the new $18b that the prez is promising includes another $5.6B to fund the flood insurance program.
It's one more area where I think we bloggers can help to frame the direction of debate. You're doing a great job on this issue.
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