Loading...
Market
Will FEMA receive $50B or more from the emergency funding bill by January 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from FEMA or the Department of Homeland Security
Story
Biden Urges Congress for $100B to Fund FEMA Disaster Relief After Hurricanes
Nov 18, 2024, 06:56 PM
President Joe Biden is set to send Congress an emergency funding bill in the coming days, seeking nearly $100 billion to address the urgent need for disaster relief following a brutal storm season. The request comes after back-to-back hurricanes, Helene and Milton, devastated parts of the U.S., causing damage estimated at over $7.5 billion. The White House aims to replenish FEMA's disaster relief fund, which has been depleted due to recent natural disasters. The funding package is intended to cover various disaster relief programs and support communities affected by these hurricanes. This follows a letter from bipartisan members of Congress to the Office of Management and Budget (OMB) urging for immediate supplemental funding. The Department of Homeland Security (DHS), which oversees FEMA, is expected to receive a significant portion of the requested funds.
View original story
Similar markets
Yes • 50%
No • 50%
Approved in full • 25%
Partially approved • 25%
Rejected • 25%
Decision pending • 25%
Less than $90 billion • 25%
$90 billion to $98 billion • 25%
$98 billion to $100 billion • 25%
More than $100 billion • 25%
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%
Majority to natural disasters • 25%
Majority to immigration-related support • 25%
Even distribution • 25%
Other allocations • 25%
Increased funding for FEMA • 25%
Reallocation of existing budget • 25%
No significant changes • 25%
Other measures • 25%