[StBernard] Surplus won't pave 'Road Home'
Westley at da-parish.com
Mon Oct 1 22:07:48 EDT 2007
>The president's point man on the recovery, Donald Powell,
>blames the shortfall on the state's insistence
>on including wind damage in the program's payouts.
>Powell wanted Road Home benefits limited to flood
And Powell is right. You can argue about the
having/not having/didn't need flood insurance. However,
every homeowner should have had insurance to cover wind
It's now a moot point because how in the hell are you
going to get money back from homeowners who already
received their grants including wind damages.
As usual, it seems Louisiana screws up again.
Surplus won't pave 'Road Home'
Recovery program expcted to run dry despite state windfall, federal
By MICHELLE MILLHOLLON
Advocate Capitol News Bureau
Published: Sep 30, 2007 - Page: 4A
The next governor must figure out how to cover a shortfall of at
billion in the Road Home program for homeowners affected by the
Even a $1 billion state government surplus coupled with the $1
already set aside for the problem does not get a new administration
toward eliminating the funding gap.
Road Home is expected to run out of money by the end of the year,
before the new governor is sworn into office.
Gov. Kathleen Blanco plans to travel to Washington, D.C., next month
Congress for a bailout.
"We are asking for a tremendous amount of money - one more time.
you go, it gets more difficult," Blanco said.
Blanco's approach has been to allocate a relatively small amount of
the problem while looking to the federal government to resolve the
Most of the four leading candidates for governor also expect
Congress to fix
Only one - New Orleans businessman John Georges - offers an
Georges, who has no party affiliation, said he is willing to use the
portion of the state's tobacco settlement to fill the Road Home gap
if it is
the only solution. But he said he would prefer to use those funds on
protecting wetlands, which is the constitutional dedication for the
U.S. Rep. Bobby Jindal, R-Kenner, state Sen. Walter Boasso, D-Arabi,
Public Service Commissioner Foster Campbell, a Bossier Parish
they expect President George W. Bush to keep the promise he made in
Square to do whatever it takes to bring back Louisiana.
In their opinion, his pledge was a promise that thousands of
not lose their most valuable asset, their homes.
The best vehicle for that, Jindal said, is the supplemental bill
expected to consider next month.
"We're going to do everything we can to apply pressure," Jindal
commitment as governor is to make sure promises are kept."
Campbell also points to his proposed processing tax on foreign oil
revenue generator that could help with the shortfall if Congress
approve more funding.
The White House has been less than sympathetic.
The president's point man on the recovery, Donald Powell, blames the
shortfall on the state's insistence on including wind damage in the
program's payouts. Powell wanted Road Home benefits limited to flood
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