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What will be the final approved disaster relief funding amount by Mar 31, 2025?
3
Biden•Congress•White House•Helene•Milton•Department of Homeland Security•FEMA•North Carolina•Georgia•Virginia
Resolution / Starting Odds
Less than $90 billion • 25%
$90 billion to $98 billion • 25%
$98 billion to $100 billion • 25%
More than $100 billion • 25%
Official announcements from the U.S. Congress or credible news outlets reporting on the approved funding amount
Story
Biden to Request Over $98 Billion for Hurricanes Helene and Milton Relief
Nov 18, 2024, 05:33 PM
President Biden is set to send Congress an emergency funding bill in the coming days to address the urgent need for disaster relief throughout the U.S. following a brutal storm season. The White House is expected to request over $98 billion in disaster relief funds from Congress, with some reports indicating the amount could be as high as USD 100bln. This funding aims to support small business owners and communities devastated by Hurricanes Helene and Milton. A significant portion of the funds will be allocated to the Department of Homeland Security, which oversees FEMA, including USD 40bln for FEMA's disaster relief fund. Bipartisan lawmakers from North Carolina, Georgia, and Virginia have urged the Office of Management and Budget to promptly send the supplemental appropriation request to Congress. President Biden’s budget director is calling on Congress to swiftly pass the disaster relief funds.
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Similar markets
Full $100 billion approved • 25%
$50-$99 billion approved • 25%
Less than $50 billion approved • 25%
No additional aid approved • 25%
Over $100 billion • 25%
$50 billion to $100 billion • 25%
Less than $50 billion • 25%
No disaster aid included • 25%
Less than $25 billion • 25%
$25 billion to $49 billion • 25%
$50 billion to $74 billion • 25%
$75 billion or more • 25%
Less than $5 billion • 33%
Between $5 billion and $10 billion • 33%
More than $10 billion • 33%
Hurricane recovery efforts • 25%
FEMA Disaster Relief Fund • 25%
Farmer assistance • 25%
Federal Highway and Roads Disaster Fund • 25%
Majority to hurricane relief • 25%
Majority to wildfire relief • 25%
Majority to flood relief • 25%
Evenly distributed • 25%
Approved in full • 25%
Partially approved • 25%
Rejected • 25%
Decision pending • 25%
Yes • 50%
No • 50%
Bill passes unchanged • 25%
Bill passes with amendments • 25%
Bill fails to pass • 25%
Bill delayed beyond January 31, 2025 • 25%