Texas Governor Predicts Massive Amount of Money Needed for Recovery

Sep 4, 2017

Texas Governor Gregg Abbott has predicted that more money will be needed for Texas to recover from Harvey that will exceed the costs of the Hurricane Katrina recovery. President Trump is going to ask Congress or an initial $8 billion for Texas and Louisiana and he knows that much more will be needed. In fact, Abbott has suggested that the state of Texas alone will need $120 billion to $180 billion.

This far exceeds the cost of Hurricane Sandy and even Hurricane Katrina. One question being raised is whether the recovery packages in congress will be tied into other issues facing it like the debt ceiling and the budget.