Economy

Sorry, Red States, Hope You Didn't Need This

Missouri, Tennessee and Alabama should probably start calling Eric Cantor's office right about now.

Cleaning up after Hurricane Irene could cost billions, but FEMA has less than $800 million in its coffers. So the Federal Emergency Management Agency is freezing aid money earmarked for states like Missouri, Tennessee and Alabama that were ravaged by floods and tornados earlier this year - to make sure they have enough to help with the immediate needs of states strafed by Irene.