"In the wake of Hurricanes Katrina and Rita, our nation has been put under considerable fiscal pressure"

This quote by Paul Gillmor is describing the monetary strain that the United States has actually been placed under due to the damage caused by Hurricanes Katrina and Rita. The storms triggered huge devastation to the Gulf Coast area, resulting in billions of dollars in problems. This has actually placed a substantial stress on the nation's financial resources, as the federal government has actually had to assign funds to help restore the affected locations. The cost of the recovery efforts has been enormous, as well as the country is still really feeling the impacts of the hurricanes. The quote serves as a pointer of the economic worry that the country has actually needed to birth following these all-natural calamities.