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Oklahoma Tornado Damage Could Reach $2 Billion

HeadlineMay 23, 2013

The damage from this week’s devastating tornado in Moore, Oklahoma, could top $2 billion. Oklahoma City Mayor Mick Cornett told reporters the storm may have damaged up to 13,000 homes.

Oklahoma City Mayor Mick Cornett: “The numbers of this event are becoming even more staggering: 33,000 people affected, 12,000 to 13,000 homes impacted, property damage is $1.5 to $2 billion. Obviously, this is a significant event, and it’s one that’s going to take us a while to address.”

The death toll from the tornado stands at 24 after initial estimates of 91 dead were revised. Six people remain unaccounted for. President Obama is scheduled to visit Oklahoma on Sunday.

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