Categories: Personal Finance

This Is What Extreme Weather Really Means For Taxpayers

From hurricanes to earthquakes to wildfires, several states have experienced the devastating impact of natural disasters — and taxpayers are now paying for it. In fact, extreme weather disasters cost American taxpayers more than $67 billion from 2000 to 2015, according to a 2016 report by the Center for American Progress.

Recent natural disasters — including Hurricane Irma, Hurricane Maria and the wildfires in Northern California — left millions of residents in need of disaster assistance and cities in dire need of repair. Here’s a closer look at how much natural disasters cost American taxpayers.

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