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Detailed text transcripts for TV channel - MSNBC - 20131029:11:32:00

Rebuilding. the spigot is now open and the money should start flowing. why did it take a hil? congress took a long time. secondly we wanted to learn from the mistakes of katrina. in katrina a lot of money was spent where it shouldn t be. you saw those trailers sitting there. than lot of money wasn t spent because it didn t get to the homeowners, the small businesses, the communities where we needed it. we tried to learn from katrina s mistakes. and i think you re going to find in this second year that homeowners will be made whole. there s enough money just about for every homeowner whose home was damaged to rebuild their homes, same for small businesses and communities and in addition we ve added mitigation money. so when people rebuild their homes, when communities rebuild their roads, there will be far more protect. homes will be elevated. roads there will be dow jones and other barrier that prevent storms from coming. so it s taken too long and too many people have had to wait. b

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