Bush, Clinton team up again to aid Ike victims

Former presidents Bush and Clinton are joining forces again to help out the victims of Hurricane Ike.

The former presidents first teamed up to raise $11 million for tsunami victims, then worked to raise private money to help victims of hurricanes Katrina and Rita.

The two announced their new fundraising drive at a surprise joint appearance at the Clinton Global Initiative in New York on Wednesday.

The new Bush-Clinton hurricane recovery fund won't make grants to individuals or families. Instead, it will coordinate with the hardest-hit cities and towns along the Texas and Louisiana Gulf Coast to finance infrastructure projects.

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