AP: Audits Show Millions in Katrina Aid Wasted

WASHINGTON (AP) -- In its rush to provide Katrina disaster aid, the Federal Emergency Management Agency wasted millions of dollars and overpaid for hotel rooms, including $438-a-day lodging in New York City, government investigators said Monday.

Two reports released by the Government Accountability Office and the Homeland Security Department's office of inspector general detail a series of accounting flaws, fraud or mismanagement in their initial review of how $85 billion in federal aid is being spent...