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Farmers, business owners, homeowners face uncertainty after $100B in disaster relief flounders

Farmers, business owners, homeowners face uncertainty after $100B in disaster relief flounders

Dec 19, 2024 | 11:49am
NASHVILLE, Tenn. (AP) — American farmers and small business owners are among those who will suffer if Congress cannot agree on a new spending bill after President-elect Donald Trump abruptly rejected a bipartisan plan that included more than $100 billion in disaster aid. The money is urgently needed after Hurricanes Helene and Milton slammed the southeastern United States one after the other this fall. In North Carolina, small business owner Jessie Dean is still waiting for a U.S. Small Business Administration loan after her building was completely destroyed three months ago. She says she is determined to build back, but she speaks to friends every day who are weighing whether they can go on.
Congress nears funding deal with more than $100 billion in disaster aid

Congress nears funding deal with more than $100 billion in disaster aid

Dec 17, 2024 | 9:49pm
WASHINGTON (AP) — Congressional leaders have unveiled legislation that will keep the federal government funded through March 14 and provide more than $100 billion in emergency aid to help states and local communities recover from Hurricanes Helene and Milton and other natural disasters. The stopgap measure will prevent a partial government shutdown set to begin after midnight Friday. It kicks final decisions on this budget year’s spending levels to a new Republican-led Congress and President-elect Donald Trump. Passage of the measure is one of the final must-pass bills that lawmakers will consider this week before adjourning for the holidays and making way for the next Congress.