Congressional Black Caucus

The CBC was just outraged that President Bush allowed blacks in New Orleans to suffer the ravages of Katrina disproportionately. He was slow to respond and then didn't do enough. CBCF then launched its own relief fund on Sept. 21, with a stated goal of raising $1 million to help Gulf Coast residents rebuild their lives. As Cybercast News Service previously reported, the CBCF claimed immediate success, telling reporters on Sept. 21 that it had already received $700,000 in corporate pledges. But on Wednesday, exactly three months after the news conference launching the CBCF relief fund, Rice told Cybercast News Service that the Foundation has actually raised “somewhere in the neighborhood of $350 to $400,000.” She added that the distribution of the money would not begin until January or February of 2006 at the earliest.