Texas’ 2011 Drought Bill: $5.2 Billion
Yes, that’s five billion. The hottest summer in Texas history, which has been coupled with one of the worst drought stages ever, has left Texans with losses totalling $5,200,000,000, according to Associated Press. As of September 13, 88 percent of the Texas landmass fell into the worst category: exceptional drought. If you took that 88 percent and compared its size to another part of the country, it would cover the Northeast United States from Virginia and Maryland all the way up to Maine.
The financial damages are calculated estimates of the total monetary losses due to crop and livestock infliction during the drought.
It’s also estimated that Oklahoma has lost $1.6 billion in crop and livestock damages, while Kansas lost $1.7 billion.