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Katrina Spending Balloons
Congress has already approved $122 billion in Katrina-related spending, USA Today reports, and there's no end in sight. Rebuilding infrastructure in the Gulf Coast region will cost billions of dollars a year for several years. But New Orleans Mayor Ray Nagin says the city hasn't seen much of the money yet. "People think New Orleans is wallowing in dough, and we have money coming out of our ears," Nagin told AP. But he says bureaucratic tangles have held up the funds.
Tom Shoop is vice president and editor in chief at Government Executive Media Group, where he oversees both print and online editorial operations. He started as associate editor of Government Executive magazine in 1989; launched the company’s flagship website, GovExec.com, in 1996; and was named editor in chief in 2007.
