A new report from the long-hapless-but-presumably-reforming Federal Emergency Management Agency shows that two-thirds of the $5.8 billion pledged for hurricane relief in Louisana and Mississippi still hasn't been spent.
As a result, numerous schools, roads, sewer systems and other critical public structures damaged by the 2005 storms remain unreplaced or unrepaired.
http://hamptonroads.com/2009/02/thre...na-aid-unspent
I guess the $3.9 billion that wasn't spent wouldn't have stimulated the economy there anyway.
14 February 2009, 07:32 PM
Three years later, Katrina aid unspent
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