WASHINGTON, DC — A fund that assists U.S. victims of international terrorism is running low on funds, according to a new report from a watchdog group.
The findings of the U.S. General Accounting Office (GAO) examined the “United States Government Sponsored Terrorism Victims Fund” (USVSST Fund).
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The fund raised more than $2 billion between fiscal years 2016 and 2023, but its balance is now dwindling, according to GAO.
The funds will go to survivors and victims' families who have won judgment in court against state sponsors of terrorism.
The fund “did not approve the January 2024 series of payments due to insufficient funds,” the report said.
Funding for the fund would be paid through criminal and civil penalties, and assets related to state-sponsored terrorism would be seized. It is not funded by US taxpayer money.
Angela Mistrulli understands first-hand the need for this fund. She was just 17 years old when her father, Joseph Mistrulli, died in the September 11 terrorist attacks.
“I lost my father at the World Trade Center. He was on Windows on the World,” Mistrulli told the Washington News Bureau. “It changes your life and shapes you.”
Since her death, Mistrulli has become an outspoken advocate for victims, survivors and their families of terrorist attacks.
She said she is frustrated by the obstacles faced by families in need of resources.
“We are now running out of funding and breaking promises made by Congress to nearly 18,000 terrorist victims and counting,” Mistrulli said.
The report points to potential solutions to increase deposits in the fund, including increasing the amount of criminal fines deposited in the fund and expanding the range of offenses subject to sanctions. For example.
Mr. Mistrulli said it is urgent that Congress act as soon as possible to avoid depleting the fund.
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“If done in accordance with the wishes of Congress, this fund can be properly administered,” Mistrulli said. “Congress needs to do better.”
A group of lawmakers is currently working on proposals to overhaul the USVSST's capabilities and ensure adequate funding.
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