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War Bonds in the Second World War: A Model for Hurricane Recovery Bonds?

Description: Severe damage and dislocations resulting from Hurricanes Katrina and Rita have rekindled congressional interest in the concept of the sale of a Treasury security to finance recovery and relief operations. The question has been raised whether or not the issuance of war bonds during the Second World War serves as a good model for new “hurricane recovery bonds.” Two bills have been introduced that would permit the issuance of some form of hurricane relief bond: H.R. 3892 and H.R. 3935.
Date: October 20, 2005
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
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