The Wall Street Journal: Battered by months of flooding, Midwest states face billions of dollars in damages

As the swollen Mississippi and Missouri rivers slowly recede, communities across the Midwest are starting to add up the damage and make plans for repairs with the help of federal aid.

AccuWeather estimates $12.5 billion in damages and losses from flooding across the Midwest this spring, which would make it one of the costliest flood events in the region in more than a decade. But many state and local officials say they have barely begun tallying the costs.

“We’ve seen the tornadoes, we’ve seen rain, we’ve seen the rivers and creeks flooded,” said Sam Funk, senior economist for the Iowa Farm Bureau Federation.

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