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Article: Gulf Coast Rebuilding: Observations on Federal Financial Implications.
- Article from:
- General Accounting Office Reports & Testimony
- Article date:
- January 1, 2008
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GAO-07-1079T August 2, 2007
The devastation caused by the Gulf Coast hurricanes presents the nation with unprecedented challenges as well as opportunities to reexamine shared responsibility among all levels of government. All levels of government, together with the private and nonprofit sectors, will need to play a critical role in the process of choosing what, where, and how to rebuild. Agreeing on what the costs are, what federal funds have been provided, and who will bear the costs will be key to the overall rebuilding effort. This testimony (1) places federal assistance provided to date in the context of damage estimates for the Gulf Coast, and (2) discusses ...