Money Matter Blog
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Money Matter Blog
No Result
View All Result
Home Latest News

Biden asks Congress for $98 billion in Helene, Milton disaster relief funding

by
November 18, 2024
in Latest News
0
Biden asks Congress for $98 billion in Helene, Milton disaster relief funding

President Biden is asking Congress to approve nearly $100 billion in emergency funding to aid recovery efforts for the recent deadly storms that ravaged parts of the South.

Biden sent a letter to House Speaker Mike Johnson, R-La., on Monday asking him to quickly take up his supplemental disaster aid request, specifically aimed at helping people affected by storms Helene and Milton.

The White House letter did not specify a total, but Fox News Digital was told it amounts to roughly $98 billion.

‘With the Congress now back in session, I write to request urgently needed emergency funding to provide for an expeditious and meaningful Federal response to Hurricanes Helene and Milton and other natural disasters,’ Biden wrote.

The speaker’s office confirmed it received the request, and it was being reviewed by staff.

Fox News Digital also reached out to Senate Majority Leader Chuck Schumer, D-N.Y.

Congressional leaders on both sides of the aisle have repeatedly said they would stand ready to act on storm relief funds once a cost estimate was made.

Johnson told Fox News Digital in early October that Helene would likely be ‘one of the most expensive storms that the country has ever encountered.’

‘It affects at least six states – a broad swath of destruction across many, many areas – and I think that’s why it’s going to take awhile to assess,’ Johnson said at the time. ‘As soon as those numbers are ready, Congress will be prepared to act.’

Helene barreled into the Southeastern U.S. in late September, killing more than 100 people in North Carolina alone and causing billions of dollars of structural damage.

Hurricane Milton, another deadly storm, hit Florida and Georgia roughly a week later.

Biden’s funding request is expected to cover the FEMA Disaster Relief Fund, and disaster funds for the Small Business Administration, the Environmental Protection Agency and other relevant areas.

It comes as FEMA faces some backlash after an official was caught instructing workers to ignore houses with pro-Trump campaign signs in Florida after Milton and Helene. 

FEMA Administrator Deanne Criswell condemned the incident, which she called an isolated event.

Criswell is due before the House Oversight Committee on Tuesday for a high-stakes hearing.

And while any supplemental relief package is expected to get broad enough bipartisan support to pass, House GOP hardliners are expected to oppose the measure if it does not offset the costs with cuts elsewhere.

This post appeared first on FOX NEWS
Tags: Featured
Previous Post

Canadian Investment Regulatory Organization Trade Resumption – EDDY

Next Post

TNT’s ‘Inside the NBA’ headed for ESPN and ABC after Warner Bros. Discovery settlement

Next Post
TNT’s ‘Inside the NBA’ headed for ESPN and ABC after Warner Bros. Discovery settlement

TNT’s ‘Inside the NBA’ headed for ESPN and ABC after Warner Bros. Discovery settlement

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Israel’s Netanyahu delays Gaza cease-fire deal, accusing Hamas of trying to back out

    Israel’s Netanyahu delays Gaza cease-fire deal, accusing Hamas of trying to back out

    January 16, 2025
    Trump foreign policy: 6 issues he got right and the experts were wrong

    Trump foreign policy: 6 issues he got right and the experts were wrong

    January 16, 2025
    CLAY TRAVIS: How Trump is already narrowing America’s racial divide

    CLAY TRAVIS: How Trump is already narrowing America’s racial divide

    January 16, 2025

    About Money Matter Blog

    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Latest News

    • Israel’s Netanyahu delays Gaza cease-fire deal, accusing Hamas of trying to back out
    • Trump foreign policy: 6 issues he got right and the experts were wrong
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Copyright © 2025 moneymatterblog.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 moneymatterblog.com | All Rights Reserved