WASHINGTON — The federal government could run out of money to help communities such as Joplin, Mo., rebuild from the recent devastating tornadoes and flooding.
The Federal Emergency Management Agency (FEMA) has $2.4 billion in its Disaster Relief Fund to last through Sept. 30 and is seeking $1.8 billion for the fiscal year that begins on Oct. 1. Lawmakers from both parties say those sums are not enough to pay for the billions in damage caused by the extraordinary string of weather-related disasters this spring.
"FEMA will have to stop recovery efforts in 50 states in the spring of 2012" without additional money for disaster relief, Sen. Mary Landrieu, D-La., wrote in a letter to her colleagues. She heads the Senate panel that oversees FEMA finances.
The administration acknowledged on Thursday that FEMA could run out of disaster-relief money. The relief fund "could be solvent until calendar year 2012," Meg Reilly, a spokeswoman for the Office of Management and Budget, said in an e-mail. "But that will depend on the summer storm season and other factors."
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http://www.usatoday.com/news/washington/2011-05-26-FEMA-disaster-relief-funds_n.htm