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Victims' Fund Expert Warns Of The Effectiveness Of Money

The man who oversaw the distribution of compensation funds after the attacks of 9/11 is warning that the Las Vegas shooting victims' fund doesn't have enough money to be effective.

Kenneth Feinberg told Newsweek magazinethat when the families of the 58 people killed along with the hundreds of people injured line up for a portion of the fund, which right now totals more than $12 million, “There are going to have to be a lot of tough calls before this money is distributed." 

He also estimated that it would be next January at the earliest before any significant financial help would begin to flow to victims. 

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The $12 million raised so far is significantly less than the $29 million raised for families and victims of last year’s nightclub shooting in Orlando, and the $60 million raised after the 2013 Boston Marathon bombings. 

To further complicate the situation, other victims' funds have been set up.

Feinberg told KNPR last week he believes it’s important to have a single, unified fund for donations and for assisting victims and families.