“Tomorrow, the Subcommittee on Investigations Chairman Michael McCaul (TX) will hold a hearing to examine waste, fraud and abuse of federal funds in the wake of Hurricane Katrina. Thousands of victims of the disaster were given debit cards and other types of tax payer funds to help them pay for food and shelter. The hearing will include reports from the Government Accountability Office (GAO) that place estimates of funds involved in fraud and/or questionable expenses at approximately one billion dollars (emphasis added).”