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What the federal government is offering


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President Bush thinks $105 billion is pretty good. Well lets see what makes up that chunk of change and who is getting it.
  • $10.5 billion for hotels, apartments, trailers
    • Around $5 billion just for trailers
  • $30 billion for flood insurance and CDBG and permanent housing
    • $18.5 billion is for the flood insurance program
    • $11.5 billion has been allocated to LA and MS CDBG grants
  • $15.8 billion for levees and highways and other infrastructure
    • $3.1 billion for levee repairs
  • $31 billion for assistance to individuals incl FEMA, healthcare and education (so this must also include debris removal, blue roof, rescue
    • $2 billion went out in the initial wave of direct cash payments
    • unwatering?
    • debris removal?
    • blue roof?
And finally the Administration asked Congress for an additional $19.8 billion in February bringing the total to $105 billion. I sure hope they use this money to get their act together. They ceratinly are spending it inefficiently on recovery.

It is going to the five states affected by Katrina, Rita and Wilma. Louisiana's share is $59 billion which must be used for all parishes affect by Katrina and Rita. New Orleans will get the largest share.

  • 85 billion update as of 2/8 :   5.4    trailers (spent but not delivered, :: Continue reading...
  • Another $19.8 on 2/16 : The President has asked Congress for another $19.8 billion for the Gulf :: Continue reading...
  • January 12 : :: Continue reading...
  • July 2007 Update : :: Continue reading...
  • Original : What we've seen so far: :: Continue reading...
  • Powell responds to Baker Bill in Washington Post : Rebuilding Wisely :: Continue reading...
  • Stafford Act - Matching Funds : In 2007 with a new Congress controlled by the Democrats the issue of the required local match under the Stafford Act has reemerged. :: Continue reading...

  • Louisiana bankers have asked Donald Powell to define these numbers and be more careful with statements about how much aid has and will be provided to whom.

    When one banker asked why flooded property owners shouldn't receive 100 percent of their pre-storm equity since the damage was caused by levees built by the federal government, Powell responded by talking about the importance of flood insurance.


  • What our Congressional Delegation asked for First


    Created : 2/1/2006 3:11:30 PM Updated: 2/18/2007 2:53:38 PM

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