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Ryan opposed new, Obama-backed aid regime that has disaster coffers flush as Isaac bears down






Ryan opposed new, Obama-backed aid regime that has disaster coffers flush as Isaac bears down



Source: www.foxnews.com - Tuesday, August 28, 2012
As Tropical Storm Isaac bears down on the Gulf Coast, there should be plenty of money — some $1.5 billion — in federal disaster aid coffers, thanks to a new system that budgets help for victims of hurricanes, tornadoes and floods before they occur. It's a system that Paul Ryan, the Republican nominee-to-be for vice president, had hoped to scrap as a way to make his House GOP budget look smaller by about $10 billion a year. Politely, party elders told him no way. The Obama administration was the driving force behind the new disaster funding scheme and made it part of last summer's hard-fought budget pact, even though President Barack Obama himself had given short shrift to budgeting for disasters prior to a spate of disasters early last year.
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Source: andriasang.com - Monday, August 27, 2012








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