Friday, November 16, 2007
by Dollars & Sense
This is in today's New York Times:
By LESLIE EATON
Published: November 16, 2007
GULFPORT, Miss., Nov. 14 — Like the other Gulf Coast states battered by Hurricane Katrina, Mississippi was required by Congress to spend half of its billions in federal grant money to help low-income citizens trying to recover from the storm.
But so far, the state has spent $1.7 billion in federal money on programs that have mostly benefited relatively affluent residents and big businesses. The money has gone to compensate many middle- and upper-income homeowners, to aid utility companies whose equipment was damaged and to prop up the state’s insurance system. Read more...
For
Dollars & Sense's coverage of Katrina and its aftermath, see
our special March/April 2006 issue on Katrina, and also
The KatrinaRitaVille Express, in our September/October 2007 issue.
11/16/2007 03:30:00 PM 
