FEMA's Disaster Relief Fund Faces Critical Shortfall
Congress urged to approve $100 billion in emergency funding as FEMA's resources dwindle below $5 billion.
- FEMA Administrator Deanne Criswell warns that the agency's ability to respond to new disasters is at risk without additional funding.
- The Biden administration has requested nearly $100 billion for disaster relief, including $40 billion for FEMA to cover expected disaster costs through 2025.
- The request includes $24 billion for the Department of Agriculture to aid farmers and rural infrastructure, and $12 billion for HUD to rebuild homes and address housing shortages.
- Transportation Secretary Pete Buttigieg highlights an $8 billion need for infrastructure repairs, including roads and bridges damaged by recent hurricanes.
- Congress faces pressure to act quickly, with a looming deadline to prevent a government shutdown complicating the funding approval process.