Wednesday, September 07, 2011
White House: Irene’s federal cost $1.5 billion
The Capital

The White House estimated on Monday that Hurricane Irene will cost federal taxpayers $1.5 billion in disaster relief, further ballooning a government account that was already the focus of fresh partisan friction between President Barack Obama and Congress.

The preliminary estimate, released by White House budget director Jacob Lew, is on top of $5.2 billion needed for other recent disasters, including tornadoes that leveled much of Joplin, Mo. Lew said the $1.5 billion should last through next year.

Sammy 12:13 AM | (0) Comments | Email this post | Permalink
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