TV News LIES

Tuesday, Jun 17th

Last update08:17:40 AM GMT

You are here News Domestic (USA) A quarter of Katrina aid money still unspent

A quarter of Katrina aid money still unspent

E-mail Print PDF

One fourth of Katrina money still unspentMore than a quarter of the $20 billion in Housing and Urban Development relief funds that were earmarked for Gulf Coast states after Hurricane Katrina remains unspent five years after the storm, a fact noticed by at least one congressional leader who's eager to spend it elsewhere.

In June, U.S. Sen. Tom Coburn of Oklahoma, the top Republican on the Permanent Subcommittee on Investigations, ordered data from the Department of Housing and Urban Development on how much remains unspent from the Community Development Block Grants that were earmarked in hurricane relief funds for Gulf Coast states after the 2005 storms. The answer: about $5.4 billion, comprising $3 billion of the $13 billion earmarked for Louisiana and $2 billion of the $5.5 billion for Mississippi.

Coburn suggested some of these funds could be used to help cover federal budget deficits and said that "serious questions need to be asked about whether this money was appropriately designated as emergency funding."

Officials in Mississippi, however, said that the unspent money is earmarked for needed recovery projects and that they are moving as fast as federal red-tape, litigation and arbitration and other hurdles will allow.

"We've rebuilt our entire infrastructure and have broken ground on every major building project," said Mayor Tommy Longo of Waveland, Miss., ground zero for the storm.

More...


Most Recent Related Stories...


Juneteenth celebrations adapt after corporate sponsors pull support

Normn Harris Juneteenth celebrations have been scaled back this year due to funding shortfalls as companies and municipalities...

‘No Kings’ demonstrator dies after being shot at Utah protest, police say

Utah protester dies A demonstrator who was shot on Saturday during Salt Lake City’s “No Kings” protest has died,...

3 dead, including bystander woman and infant, in shooting at Utah festival

Westfest Three people were killed, including an 8-month-old infant, in a shooting that occurred Sunday, June 15...

Vance Boelter, Suspect In Minnesota Shootings, Captured After Manhunt

Boelter capturedVance Boelter, who is wanted for shooting two Minnesota lawmakers at their homes early Saturday morning while...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!