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U.S. Boosts Tsunami Aid Tenfold to $350M CRAWFORD, Texas Dec 31, 2004 — The United States is pledging $350 million to help tsunami victims, a...

U.S. Boosts Tsunami Aid Tenfold to $350M

CRAWFORD, Texas Dec 31, 2004 — The United States is pledging $350 million to help tsunami victims, a tenfold increase over its first wave of aid, President Bush announced Friday.

“Initial findings of American assessment teams on the ground indicate that the need for financial and other assistance will steadily increase in the days and weeks ahead,” Bush said in a statement released in Crawford, Texas, where he is staying at his ranch.

“Our contributions will continue to be revised as the full effects of this terrible tragedy become clearer,” he said. “Our thoughts and prayers are with all those affected by this epic disaster.”

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