Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Giants’ Willy Adames ends crazy drought with San Francisco history not done since Barry Bonds
    • Mexican government unveils $540M industrial hub to lure investments
    • ‘People Might Be Underestimating Demand For Spot XRP ETFs,’ ETF Expert Says As CME XRP Futures Set Open Interest Record
    • SoftBank, Rakuten tap Japan’s booming retail demand for bonds
    • Financial advice about living trusts, capital gains and COBRA
    • What is Expense Ratio in Mutual Funds? – Money Insights News
    • Billionaires Buy 2 Magnificent Index Funds That a Wall Street Analyst Says Could Soar 132%
    • not the FTSE 100 or S&P 500)
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Warnock seeks additional funding for Helene recovery efforts
    Funds

    Warnock seeks additional funding for Helene recovery efforts

    October 18, 2024


    WASHINGTON – U.S. Sen. Raphael Warnock, D-Ga., led a bipartisan group of senators in urging the White House to rapidly submit a government funding request to Congress that will fully cover costs associated with cleanup and recovery following Hurricanes Helene and Milton.

    In a new bipartisan letter to the White House Office of Management and Budget, Warnock was joined by Sens. Thom Tillis, R-N.C.; Jon Ossoff, D-Ga.; Tim Kaine, D-Va.; Mark Warner, D-Va.; and Ted Budd, R-N.C.

    They highlighted the heartbreak facing communities recovering from the destruction of these hurricanes, and requested the White House to rapidly submit a detailed supplemental government funding request to Congress that considers the full cost of recovering from these storms so Congress can quickly pass aid for American families.

    Warnock has called for Congress to return to Washington from the October in-state work period to approve federal disaster relief legislation, despite opposition from U.S. House leadership.

    FEMA assistance in CSRA

    “We urgently request the White House’s Office of Management and Budget rapidly submit to Congress a detailed supplemental appropriations request that considers the full cost of recovering from Hurricanes Helene and Milton, as well as other devastating natural disasters, so Congress can quickly consider supplemental appropriations this year, and affected communities can begin to heal,” wrote the senators.

    “Given the immense need, we respectfully ask that the Office of Management and Budget work quickly to determine the costs of recovering from Hurricane Helene and Milton and immediately submit a supplemental appropriations request to Congress that includes this full cost. Congress stands ready to ensure the federal government and our communities have what they need to recover from Hurricanes Helene and Milton and future natural disasters,” concluded the lawmakers.

    FILE — A "for rent" sign is pictured in this undated file photo. The Biden administration...

    Warnock also wrote three additional, separate letters to regulators and agencies across the federal government responsible for consumer protection and more.

    He urged federal officials to prioritize investigating and sharing information about:

    • Disaster-related frauds and scams.
    • Monitoring incidents of price gouging and other unfair or illegal pricing following natural disasters.
    • Addressing intravenous fluids supply challenges impacting frontline workers and patients.
    FEMA generic

    Here’s the letter to Biden:

    Dear President Biden,

    As the Southeastern United States continues to respond to life-threatening conditions in the aftermath of Hurricanes Helene and Milton, the sheer scope of the destruction from these hurricanes is heartbreaking. We urgently request the White House’s Office of Management and Budget rapidly submit to Congress a detailed supplemental appropriations request that considers the full cost of recovering from Hurricanes Helene and Milton, as well as other devastating natural disasters, so Congress can quickly consider supplemental appropriations this year, and affected communities can begin to heal.

    Hurricane Helene struck Florida’s coast as a Category 4 storm on September 27 before devastating communities across Florida, Georgia, South Carolina, North Carolina, Tennessee, and Virginia. Tragically, the death toll continues to rise, with 228 being confirmed to date. Hurricane Milton struck Florida on October 9, bringing life-threatening storm surges and wind gusts and causing 24 deaths to date.

    We are immensely grateful to first responders and federal workers as they perform life-saving work. However, the task of recovering from these storms has overwhelmed state and local governments. Federal support will be needed to restore and rebuild our communities.

    While the recovery costs are still being determined, estimates of Hurricane Helene’s damage range from $34 billion to $47 billion. Hurricane Milton is likewise expected to cost billions more in damages.

    The Federal Emergency Management Agency will require significant additional funding to ensure it has the resources it needs for Hurricane Helene and Milton recovery, and additional federal funding will be required to support states and federal agencies’ emergency response efforts. Likewise, as communities begin to rebuild, uninterrupted access to key disaster assistance loans from the U.S. Small Business Administration is imperative. Agricultural producers will also need financial assistance to help them recover from yet another natural disaster that is further compounding their already tenuous economic situation, and small businesses will need support to help cover the damage to their livelihoods and rebuild, so they can reopen their doors to communities.

    Given the immense need, we respectfully ask that the Office of Management and Budget work quickly to determine the costs of recovering from Hurricane Helene and Milton and immediately submit a supplemental appropriations request to Congress that includes this full cost.

    Congress stands ready to ensure the federal government and our communities have what they need to recover from Hurricanes Helene and Milton and future natural disasters.

    Copyright 2024 WRDW/WAGT. All rights reserved.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Financial advice about living trusts, capital gains and COBRA

    August 31, 2025

    Billionaires Buy 2 Magnificent Index Funds That a Wall Street Analyst Says Could Soar 132%

    August 31, 2025

    Big Brother star begs fans to help raise funds for hospital treatment

    August 30, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Giants’ Willy Adames ends crazy drought with San Francisco history not done since Barry Bonds

    August 31, 2025

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    The Evolution of Art and Art Investments: A Historical Perspective on Fruitful Returns and Wealth Management

    August 21, 2023
    Don't Miss
    Bonds

    Giants’ Willy Adames ends crazy drought with San Francisco history not done since Barry Bonds

    August 31, 2025

    Giants’ Willy Adames ends crazy drought with San Francisco history not done since Barry Bonds…

    Mexican government unveils $540M industrial hub to lure investments

    August 31, 2025

    ‘People Might Be Underestimating Demand For Spot XRP ETFs,’ ETF Expert Says As CME XRP Futures Set Open Interest Record

    August 31, 2025

    SoftBank, Rakuten tap Japan’s booming retail demand for bonds

    August 31, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    La recherche de rendement conduit les fonds communs de placement vers les obligations d’État et les obligations d’entreprise indiennes

    March 30, 2025

    GraniteShares ETFs Announces Name Change and Investment Objectives on some of its Short and Leveraged ETFs

    March 5, 2025

    Ole Miss Punter Makes Rival Star’s Absurd Claim Look Foolish

    July 18, 2024
    Our Picks

    Giants’ Willy Adames ends crazy drought with San Francisco history not done since Barry Bonds

    August 31, 2025

    Mexican government unveils $540M industrial hub to lure investments

    August 31, 2025

    ‘People Might Be Underestimating Demand For Spot XRP ETFs,’ ETF Expert Says As CME XRP Futures Set Open Interest Record

    August 31, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.