No New Funds Needed for Okla. Tornado Recovery

Tuesday, 21 May 2013 04:04 PM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

Top lawmakers and officials say the federal government has plenty of money on hand to pay for recovery efforts in the devastating tornado that struck Oklahoma.

The government has more than $11 billion in its main disaster relief fund. Recovery costs in Moore, Okla., are expected to be a relatively small fraction of that amount. The devastating 2011 tornado that wiped out much of Joplin, Mo., use up about $750 million in federal disaster aid.

White House press secretary Jay Carney and top lawmakers on Capitol Hill all agreed Tuesday that there's no immediate need for additional disaster aid.

Reforms put in place in 2011 gave the Federal Emergency Management Agency a more predictable stream of disaster aid. FEMA also got additional funding from January's Superstorm Sandy relief bill.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Michael Reagan: 'Trust Everybody, Verify Nothing' Is Obama's Way

Friday, 19 Dec 2014 15:31 PM

Conservative commentator Michael Reagan tells Newsmax that in light of the recent decision to normalize relations betwee . . .

Catholic League's Donohue: Communists Are Losers in Cuba Deal

Friday, 19 Dec 2014 15:15 PM

Pope Francis' pivotal role in the deal that renews ties between the United States and Cuba is a positive move for democr . . .

Obama: Sony Made a 'Mistake' in Pulling 'The Interview'

Friday, 19 Dec 2014 14:17 PM

Sony "made a mistake" in pulling the controversial film "The Interview" from distribution, President Obama said Friday,  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved