Connect with us

Hi, what are you looking for?

Latest News

House Republicans eye FEMA fund overhaul ahead of high-stakes hearing on Helene recovery

A group of House Republicans is pushing to overhaul how funds are organized at the Federal Emergency Management Agency (FEMA) to more quickly get aid to communities devastated by Hurricane Helene.

Rep. Gary Palmer, R-Ala., chair of the House GOP Policy Committee, is leading a new bill that would move unspent funds the agency has from the COVID-19 pandemic, as well as certain unspent funds earmarked for previous natural disasters like Hurricane Katrina, into the FEMA Disaster Relief Fund.

It comes just hours before the House Oversight Committee is set to hold a high-stakes hearing over accusations that FEMA aid was politicized, with FEMA Administrator Deanne Criswell expected to testify.

‘Millions of Americans were impacted by devastating hurricanes, and many are still seeking assistance and aid from FEMA to this day. Reports have now surfaced that a FEMA official recently instructed relief workers to avoid homes displaying support for President Donald Trump,’ House Oversight Committee Chair James Comer, R-Ky., said last week when announcing the hearing.

‘Not only are these actions by a FEMA employee completely unacceptable, but the committee remains deeply concerned that this is not an isolated incident at the agency.’

Palmer’s bill is backed by a wide spectrum of GOP lawmakers, from House Freedom Caucus members, like Reps. Anna Paulina Luna, R-Fla., and Byron Donalds, R-Fla., to more moderate Republicans, like Reps. Don Bacon, R-Neb., and Young Kim, R-Calif.

It’s one of several solutions proposed in Congress to help get more immediate dollars to FEMA’s disaster fund.

Criswell told reporters on Monday that her agency ‘will need additional funding of approximately $40 billion beyond its 2025 budget request to support the ongoing recovery efforts to these storms and meet our overall mission requirements through the end of the fiscal year.’

The White House also requested $98 billion in additional disaster relief funding from Congress.

Congressional leaders on both sides of the aisle have pledged to act swiftly once getting a formal request from the Biden administration.

Helene ravaged part of the U.S. Southeast in late September, killing more than 100 people in North Carolina alone.

It’s estimated to have caused billions of dollars worth of damage as well.

House Speaker Mike Johnson, R-La., previously told Fox News Digital that he believed it could be one of the most expensive storms in U.S. history.

This post appeared first on FOX NEWS

You May Also Like

Stock

In this video from StockCharts TV, Julius examines the theoretical sector rotation model and aligns it with current state of sector rotation on Relative...

Latest News

Independent presidential candidate Robert F. Kennedy, Jr. has revealed what he says is his path to the White House as he faces increased pressure...

Stock

In this edition of StockCharts TV‘s The Final Bar, Dave uncovers strength in SQSP using the Stochastics Oscillator and the StochRSI indicator. He shares...

Economy

Chair Jerome Powell leads the Federal Open Market Committee (FOMC) press conference. 2022. Inflation is once again on the decline, new data from the...



Disclaimer: Paybackinvestigators.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2024 Paybackinvestigators.com