For Immediate Release
Office of the Press Secretary
November 9, 2001
Emergency Recovery and Response Funding Transfer
Text of a Letter from the President to the Speaker of the House of Representatives
Dear Mr. Speaker:
In accordance with provisions of Public Law 107-38, the Emergency
Supplemental Appropriations Act for Recovery from and Response to
Terrorist Attacks on the United States, FY 2001, today I have authorized
transfers from the Emergency Response Fund totaling $9.3 billion for
emergency recovery and response and national security activities listed
in the enclosed letter from the Director of the Office of Management and
Budget. As provided in Public Law 107-38, $1.7 billion will be made
available immediately and $7.5 billion of these funds will be made
available 15 days from the date of this transmittal.
These funds are in addition to the $9.7 billion that I previously
authorized for transfer and will allow our Government to continue to
address the consequences arising from the terrorist attacks of September
11, 2001.
With this action, I have transferred all but $1 billion of the funds that
were made available to me. It is now time for the Congress to act
without delay on the final $20 billion in critical defense and domestic
needs that I requested on October 17. My Administration does not intend
to seek additional supplemental funding for either domestic or defense
needs for the remainder of this session of Congress.
The details of these actions are set forth in the enclosed letter from
the Director of the Office of Management and Budget. I concur with his
comments and observations.
Sincerely,
GEORGE W. BUSH
# # #
|