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Funds for Disaster Aid Running LowPosted on Aug 30, 2011
The Federal Emergency Management Agency has halted rebuilding projects from disasters dating to Hurricane Katrina and has opted to pay for only the “immediate needs” of disaster-wrecked communities as funding for the agency dries up. FEMA has less than $800 million left in its account to address the damage done by Hurricane Irene, not to mention those Hurricane Katrina projects that are still under construction. The agency acknowledged recently that it could be short almost $5 billion for the upcoming budget year, not including estimated costs for cleaning up after Irene. Needless to say, lawmakers from states that are relying on the agency for funding—including those from tornado-torn Missouri and Alabama—are furious. —BF
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By berniem, August 30, 2011 at 3:14 pm Link to this comment
Hey, maybe dick cheney can ask his buddies over at Haliburton, KBR, or wherever all of those no-bid contracts went to lend some of the money they stole to FEMA for a little bit of “Nation Building” over here!
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