Loading...
Market
Will federal funding for Hurricane Milton and Helene recovery in Florida reach $1 billion by end of 2024?
3
Joe Biden•Florida•Hurricane•Milton•Helene•Biden•Tropicana Field•Department of Energy•FEMA•Hurricane Milton
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the U.S. government or Department of Energy
Story
Biden Announces $612 Million for Hurricane Milton Recovery in Florida, Damage Estimated at $50 Billion
Oct 13, 2024, 04:52 PM
President Joe Biden has announced $612 million in federal funding to support recovery efforts in Florida following the devastation caused by Hurricanes Milton and Helene. During his visit to the state, Biden surveyed the damage, including the destruction in St. Pete Beach and the roof of Tropicana Field. The funds will be allocated to six Department of Energy projects aimed at strengthening the electrical grid and supporting communities impacted by the hurricanes. Biden also addressed misinformation about FEMA's response, calling it 'malarkey,' and emphasized a 'whole government' effort to aid the state's recovery. Damage estimates from Hurricane Milton are around $50 billion, and it struck Florida as a Category 3 storm.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
More than $2 billion • 25%
Significantly increased aid • 25%
Moderate increase in aid • 25%
No change in aid • 25%
Decrease in aid • 25%
Yes • 50%
No • 50%
State Funds • 25%
Federal Aid • 25%
Private Donations • 25%
International Aid • 25%
Less than $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%
No aid received • 25%
Yes • 50%
No • 50%
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $1.5 billion • 25%
More than $1.5 billion • 25%
FEMA • 25%
Department of Housing and Urban Development • 25%
Small Business Administration • 25%
Other • 25%