Senator: Katrina Loan Process Slowed

[deadparrot]

WASHINGTON - The government has slowed down in deciding whether to approve or deny hundreds of applications for federal loans to help small businesses recover from Hurricane Katrina, a senator said Monday.

Earlier this year, the government was resolving 355 cases daily; that figure has dropped to 99 cases daily. The slowdown came as 682 disaster assistance employees left the Small Business Administration, said Sen. Olympia Snowe (news, bio, voting record), R-Maine, who chairs the Senate committee that oversees the agency.

In a letter to Small Business Administrator Hector Barreto, Snowe said she was troubled by the staff decrease "at a time when efficiency and production are of such high importance."

"I am deeply disturbed by the agency's reluctance to finish resolving all of the applications submitted by hurricane victims," Snowe said in the March 23 letter that was released Monday.

http://news.yahoo.com/s/ap/20060327/ap_on_go_co/katrina_loans

[merh]

1. They don't care.

:cry:

Marriages are breaking up and tons of folks are in such depression, they don't know what to do.

[ender]

2. Number 9... number 9....;

this shit starts revolutions.

[merh]

3. Please explain

Number 9

pmail if you wish