Tuesday, September 27, 2005


A well written article on how difficult it is to put a price on these events

"I searched Google and the database Factiva and found hundreds of stories that mentioned the $200 billion cost estimate, but most attributed it to unnamed officials or simply stated it as a fact.

I traced it back to Sept. 6, when Senate Minority Leader Harry Reid of Nevada said the recovery and relief operations "will cost up to and could exceed $150 billion."

House Majority Leader Tom DeLay, R-Texas, accused Reid of playing "political games."
But shortly afterward, Senate Budget Committee Chairman Judd Gregg, R-N.H., weighed in, saying the cost might be as high as $200 billion.

I called Reid's office to find out where he got his estimates but didn't get far."

Read the full story here

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