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Louisiana Gov. Requests Bailout

STILL RECOVERING

Flood costs rise to an estimated $15 billion.

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© Jonathan Bachman / Reuters

Louisiana Governor John Bel Edwards requested a $2 billion bailout during a trip to Washington D.C. on Friday for the increased projected costs of repairing the state after recent disastrous flooding. The estimated cost of damages could hit as high as $15 billion. “Simply put, we cannot recover without it,” Edwards told a House subcommittee hearing. President Obama and the Federal Emergency Management Agency have spent more than $660 million in public relief efforts so far.

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