Congress Passes Short-Term Spending Bill, Includes Disaster Relief

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Congress Passes Short-Term Spending Bill, Includes Disaster Relief
GOVERNMENT FUNDINGDISASTER RELIEFHURRICANES
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A stopgap spending bill has been passed by Congress, continuing federal funding until March 14th and providing over 100 billion dollars in aid for disaster recovery.

Congress ional leaders have unveiled a stopgap spending bill that will keep the US federal government funded until March 14. It will also provide more than 100 billion dollars in emergency aid to help states and local communities recover from Hurricanes Helene and Milton and other natural disasters. The measure would prevent a partial government shutdown set to begin after midnight on Friday.

It would kick 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 actions members will consider this week before adjourning for the holidays and making way for the next Congress. It is the second short-term funding measure as they struggled to pass the dozen annual appropriations bills before the new fiscal year began October 1, as they typically do. The bill will provide 100.4 billion dollars in disaster relief, with an additional 10 billion dollars in economic assistance for farmers struggling with low commodity prices and high input costs.Net farm income is projected to decline 4.1% this year after falling 19.4% the year before from the record highs reached in 2022. Mr Johnson indicated more farm aid could be delivered in the next Congress, saying “we can’t do all of it right now”. “Congress is doing the best it can under difficult circumstances, and I think it will be a big boost for the industry,” he said. President Joe Biden has sought about 114 billion dollars in disaster aid, submitting a 99 billion dollar request in November, telling lawmakers the funding was “urgently needed”. The administration updated its request to include funding to repair federal facilities damaged due to natural disasters.The largest share of the money, about 29 billion dollars, will go to the main disaster relief fund at the Federal Emergency Management Agenc

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GOVERNMENT FUNDING DISASTER RELIEF HURRICANES FARM AID CONGRESS

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