$11B balance in federal disaster aid fund; No new monies needed for Okla. tornado recovery - The Washington Post: — Top lawmakers and officials said Tuesday that the federal government has plenty of money on hand to pay for recovery efforts in the wake of the devastating tornado that struck Oklahoma.
The government has more than $11 billion in its main disaster relief fund. Recovery costs in the Oklahoma City suburb of Moore are expected to be a relatively small fraction of that amount. The devastating 2011 tornado that wiped out much of Joplin, Mo., for instance, required about $750 million in federal disaster aid.
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