We have made substantial investments in the region, and our new deficit projections will include costs of Katrina and Rita recovery. We believe that those increased outlays associated with the Katrina recovery efforts are a temporary event.
Joel Kaplan
Related Nearly two weeks have passed since Hurricane Katrina made landfall along the Gulf Coast, and while w... JO BONNER Clearly, one of the biggest challenges that we face is our continuing Katrina recovery. LEE YOUNGBLOOD Every effort needs to be made to try and offset the costs of Katrina and Rita by reductions in other... BEN BERNANKE It's been all Katrina all the time, and now it's Rita, too. Except for the Supreme Court, hurricane ... J. STEVEN HART It's been all Katrina all the time, and now it's Rita, too. Except for the Supreme Court, hurricane ... J. STEVEN HART The OMB estimate will be higher primarily because of additional funding for the war and for recovery... ALEX CONANT In addition to our initial contribution, we will match each and every donation to hurricane relief e... GELLERT The outpouring of support from health professionals who want to volunteer for Hurricane Katrina reco... CALVIN JOHNSON We must also redouble our efforts to reduce unnecessary spending elsewhere in the budget to help off... JOSHUA B. BOLTEN We hope people agree that a little wait is okay in order to support the Hurricane Katrina recovery e... ANNETTE COPELAND I am proud of our efforts, small though they may be, when compared to the enormity of the recovery t... GARY PAYTON New Orleans is, of course, our next thrust, and we're going to have to have to staff recovery effort... GARY STRATTON I like to open for a band as it brings on sort of a challenge and it makes things more interesting. ... KELLY JONES Energy costs have increased all over campus since Hurricane Katrina. It affects not only our heating... ALICIA BROWNE While much work lies ahead, we are pleased that recovery efforts are under way in the communities af... JOE MALUGEN We want to extend our sympathy to the people and communities affected by Hurricane Katrina. Our thou... JOE MALUGEN Some of the recent job gains in construction reflect rebuilding and clean-up efforts following hurri... KATHLEEN UTGOFF The devastation in the wake of Hurricane Katrina is simply heartbreaking and our thoughts are with t... MICHAEL EISNER Had Hurricane Katrina not come through here, Rita would be the event of the decade. GIL JAMIESON We are very confident about the long-term outlook for our business, but believe that the immediate i... HENRY PAULSON I haven't discussed that with him in the midst of all the response and recovery efforts that are ong... SCOTT MCCLELLAN Hurricane Katrina has devastated the lives of victims in four of the SEC's states -- Alabama, Florid... MIKE SLIVE Hurricane Katrina has devastated the lives of victims in four of the SEC's states -- Alabama, Florid... MIKE SLIVE We've just seen so much destruction. I really think we need to forget about Katrina for a while and ... BERYL DAVIS Had Hurricane Katrina not come through here, the Rita storm would be really the event of the decade ... GIL JAMIESON Katrina is the largest flood disaster in our nation's history, and it requires us to take a new look... DAVID PAULISON Doing a fabulous job on Rita doesn't undo the fact that people perceive the first few days of Katrin... CHARLES COOK This deal will allow us to capitalize on our newly established contacts in the region. He worked wit... TONY REYNOLDS Katrina blew a big hole in the product market. If Rita doubles that, we are in for some serious prob... JAMAL QURESHI We appreciate those who have volunteered to assist in the recovery efforts throughout our state and ... ROBERT LATHAM This (Katrina recovery) remains the issue for the people around the Gulf. Sen. Lott expects the admi... LEE YOUNGBLOOD Rita won't have anywhere near the impact of Katrina. ALAN NEVIN We've certainly learned a lot of lessons from Katrina, from Rita. Rita was better than Katrina. ... MICHAEL CHERTOFF As the New Orleans area begins its recovery, we are pleased to play a part. Returning our employees ... BILL BOYD Katrina was one of those we've seen increasing in intensity but we can't say Katrina by itself was p... GREG HOLLAND Whether the recovery from Katrina adds to demand for construction materials depends on the types and... KEN SIMONSON Any storm going through the Gulf is going to slow the pace of the recovery from Katrina. DOUG LEGGATE SBA disaster loans are the primary source of long-term recovery assistance from the federal governme... FRANK SKAGGS The recovery efforts have already helped to bring the region back to its pre-tsunami conditions. IVANA UNLUOVA In the wake of Hurricanes Katrina and Rita, our nation has been put under considerable fiscal pressu... PAUL GILLMOR As we continue to watch the recovery efforts in the Gulf States and our hearts go out with our money... HAROLD ROGERS Sen. Lott feels any time he can show his colleagues up close what Mississippians are facing then cer... LEE YOUNGBLOOD Those changes failed to pass the legislature last year. We're hopeful they will pass this year, give... ALAN LEVINE In our recovery package we put new standards of accountability and transparency, which we hope will ... NANCY PELOSI We believe the expenses we are seeking recovery of were prudently incurred in serving our customers. BILL SWANK We have a long way to go in our fundraising to meet the needs of people from Katrina, let alone what... JOE BECKER We are very pleased that our ships are making a difference in their lives and contributing to the re... MICKY ARISON We didn't dodge a bullet with Rita; we took a couple bullets in the legs with Katrina and Rita, ... ... TOM KLOZA If we all look at life we think how nice, then we look at death and everybody goes oh you can say th... GARY F EVANS... It is disturbing that there are individuals, driven by greed, who have sought to exploit the nation'... CHUCK ROSENBERG Oil company profiteering, not increased production costs, are the cause of the price spikes at the g... JAMIE COURT Now is not the time to close bases, ... With almost 140,000 American troops serving in Iraq, 17,000 ... HAROLD FORD Our first concern is for the physical well-being of our associates and their families and the innume... JACKSON W. MOORE The preparation and planning that we put in place prior to the storm is paying off as we deploy reco... KATHERINE GREENE We're in the process now of compiling those costs. Before Katrina, the preliminary estimates we had ... KURT BRAUTIGAM At that time, flying the American flag above the rubble of homes and businesses was a visible act of... JOHN MCFARLAND We are seeing a domino effect as our Katrina- and Rita-related financial and personnel issues impact... DONALD SMITHBURG You've got the double whammy of Katrina and then Rita, ... The Katrina refineries haven't gotten ful... JEB BUSH Hurricane Katrina may have silenced my hometown for now. But if we all work together through efforts... ROGER LEWIS I tended to underestimate any stigma associated with programs associated with the state hospital. We... BETH TANZMAN What counts, of course, is what the trend would have been absent hurricanes Katrina and Rita, AVERY SHENFELD We're pursuing getting our costs down and getting the loan guarantee from the Federal government. We... JOE HOPKINS We think the odds are that a recovery is under way but we don't think it will be a terribly strong r... JAMIE SANDISON People who don't live in presidential-declared disaster areas get help, but not the most help or the... MARK LUSCOMBE We have a long way to go in our fundraising to meet the needs of people from Katrina, let alone what... JOE BECKER All those kinds of increased costs are usually on the table. If they're substantial enough and creat... GEORGE CUNNINGHAM Will is a proven leader with years of telecommunications and wireless, network operations, hurricane... JOE LARUSSA I can only hope the federal aid made available today will be sufficient in our recovery efforts, and... MIKE ROGERS We are very disappointed in our performance this quarter as we continued to feel the effects of reco... DAVID NEELEMAN Everything passes by, and we are left with just our memories BEN OAK We wanted to make this move as a way to accommodate UAPB with their travel to the game while also re... ROBERT RAINES Considering that San Antonio out-gave itself in the wake of Hurricanes Katrina and Rita, the respons... ERIC COOPER The recovery will be paid for by the federal taxpayer and it will add to the deficit. AL HUBBARD The commission's order, with respect to the level of our rates, is disappointing. We are satisfied t... JAMES LUDWIG Louisiana loses 30 miles a year off our coast. We lost 100 miles last year off our coast thanks to H... BOBBY JINDAL Just when we thought we were making progress getting the Katrina evacuees placed, along comes Rita. ... ALTON JOHNSON Remember, we had three very rude visitors this year: Katrina, Rita and Wilma, ... That has disrupte... BILL NELSON I think it's an accumulation of work over the years, culminating with our work during the Hurricane ... GREG ROBERTS Having said that, I believe we must not compound the natural disaster of Katrina by creating a fisca... CHRIS CHOCOLA Evacuations have already started, which is going to disrupt production. Any storm going through the ... DOUG LEGGATE The Davis-Bacon waiver removed red tape to get the recovery effort going quickly with more companies... ALEX CONANT These are serious numbers. The question is whether this is a trend or a reaction to Katrina and Rita... TOM COLE Hopefully we won't have another event, ... It's like your washing machine. First, Katrina was kind o... RAY NAGIN When Katrina, Rita, and Wilma ravaged Florida and the Gulf Coast, our employees did an extraordinary... DENNIS FITZSIMONS There's no question that the recovery will be paid for by the federal taxpayer and it will add to th... ALLAN HUBBARD We look at this a temporary blip rather than a sign the recovery is fading. LUIGI SPERANZA The recovery of the Gulf Coast region will take years to complete. MAX BAUCUS Stock investors have concluded that the economy was in good shape before Hurricane's Katrina and Rit... JAMES AWAD (Cochran) hopes to include in his bill new ways to provide comfortable, safe and efficient housing f... JENNY MANLEY In the wake of hurricanes Katrina, Rita, and Wilma, public health preparedness and training for both... BRIAN LEADERER Given the enormity of this national disaster and our collective desire to help the victims of this t... JEFF HATHAWAY I think, with Hurricane Rita coming on the heels of Katrina, people are going to realize this isn't ... DAVID COOK Congress has provided $60 billion already for reconstruction, recovery and rehabilitation efforts to... JUDD GREGG tossed aside in the wake of Hurricanes Katrina and Rita and in response to the mercurial rise in fue... ROBERT WEXLER Overall we still believe the recovery in the housing market will start to boost household confidence... DOMINIC BRYANT Following the devastation of Hurricanes Katrina and Rita, $3 per gallon gasoline became common and o... PAUL GILLMOR Due to current uncertainties surrounding the non-reimbursed costs to Texas of Hurricane Katrina, I t... DAVID DEWHURST Boston Scientific still has much 'wood to chop' regarding the recovery of the company's cardiac rhyt... GLENN REICIN Remember, we had three very rude visitors this year: Katrina, Rita and Wilma, ... T... BILL NELSON We are focusing all our efforts on executing our North American turnaround plan. That report analyze... GINA PROIA
More Joel Kaplan
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