Another $300 Million January 26, 2012 : 1:04 PM

After an unprecedented year just passed, when the United States experienced a record 12 major disasters --most of them climate related-- costing more than a billion dollars the fiscal impact on the US continues to grow. For example the Department of Agriculture has just allocated another $300 million to respond extreme weather related disasters:

“The U.S. Department of Agriculture is adding more than $300 million to the massive amount of financial assistance federal agencies have doled out in response to an unusually intense year of natural disasters, officials announced Wednesday.”

“The money, from three emergency funds administered by the USDA’s Natural Resource Conservation Service and Farm Service Agency, is more than double the $136.6 million paid from the funds a year ago. It will go toward repairing farmland and associated property damaged by flooding, tornadoes, hurricanes and wildfires.”

Source: Associated Press