FEMA Could Run Out of Money by Friday

They say lightning doesn't strike twice, but what happens when hurricanes do? With the U.S. still dealing with the devastating effects of Hurricane Harvey on Texas, and Irma right around the corner on its way to Florida, a Senate aide has disclosed that the Federal Emergency Management Agency is expected to run out of money by Friday unless more funding is approved by Congress.

"As of 10 a.m. Tuesday morning, FEMA’s Disaster Relief Fund, which pays for the agency’s disaster response and recovery activity, had just $1.01 billion on hand. And of that, just $541 million was “immediately available” for response and recovery efforts related to Hurricane Harvey, according to a spokeswoman for FEMA who asked not to be identified by name."

At this rate, funding will run out by the time Irma hits Florida, and as a category 5 hurricane, it is expected to do significant damage. Nearly $8 billion has been requested in additional funding, awaiting approval from Congress. 

"The House is voting Wednesday on funding for Harvey. The Senate, which is expected to act this week as well, is considering whether to add a suspension of the federal debt limit to the measure. The legislation would then go back to the House."

For now, spending has been restricted to "lifesaving, life-sustaining efforts for Harvey and Irma." But more money will be needed, and very soon. And the most troublesome of all? It isn't even peak hurricane season yet.

To read more, check out the original article, written by Christopher Flavelle and Erik Wasson here.

Photo from ABC, Inc.: http://abc7chicago.com/weather/hurricane-harvey-2017-path-reaches-texas-makes-landfall-as-category-4-storm/2340504/