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Just dropped · Trial Balloon · Ep. 193

The Magnificent Seven

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Trial Balloon · Ep. 193: The Magnificent Seven

FEMA Spent Half Its Budget in Just Eight Days

October 10, 2024 · 11:14 am ET · Leave a Comment

“Eight days into the fiscal year, the federal government has spent nearly half the disaster relief that Congress has allocated for the next 12 months,” Politico reports.

“The rapid spending — which is likely to accelerate as aid flows to states pulverized by Hurricanes Helene and Milton — soon will force the Federal Emergency Management Agency to restrict spending unless Congress approves additional funding.”

“Under the spending restrictions, FEMA would cut off funding for disaster-related rebuilding projects nationwide and reserve its money for life-saving operations during disasters. The cutoff often halts major repairs to roads, sewer plants and water-treatment facilities.”

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