Where is the money in the September 11th Victim Compensation Fund coming from? Will this be funded with tax dollars?
Compensation from the Fund will be paid with money from the U.S. Treasury. Congress provided that the law creating the Fund established “the obligation of the Federal Government to provide for the payment of amounts for compensation.” The Fund will use tax dollars but no new taxes will have to be levied to pay for the program. The law itself guarantees that as much money as is necessary to compensate eligible Claimants will be available and that no new legislation will be necessary to put money into the Fund. There is no specific ceiling on how much money will go into the Fund.