Red Cross Disaster Fund Is Depleted
By Philip Rucker
Washington Post Staff Writer
Tuesday, June 17, 2008; Page A02
The American Red Cross said yesterday that it has depleted its national disaster relief fund and is taking out loans to pay for shelters, food and other relief services across seven Midwestern states battered by floods.
Officials at the charity estimated that efforts in the Midwest will cost more than $15 million and warned that the total could surpass $40 million if the Mississippi River creates floods in St. Louis later this week.
http://www.washingtonpost.com/wp-dyn/content/article/2008/06/16/AR2008061601734.html?hpid=topnews