Hurricane Harvey Recovery Could Cost More Than Katrina, Says Texas Governor

Hurricane Harvey has been one of the most devastating storms in living memory, killing dozens, displacing thousands, and leaving most of the city of Houston underwater. And it seems set to break another record. Texas Gov. Greg Abbott said on Sept. 3 that Hurricane Harvey could cost up to $180 billion, which would make it the costliest hurricane ever.

Abbott told CNN's State Of The Union on Sunday that the not quite $8 billion that the White House had so far requested from Congress wouldn't be nearly enough to rebuild, calling it a “down payment,” and saying that a comparison to 2012's Hurricane Sandy fell short.