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Will reported damage costs from Hurricane Milton and Helene in Florida significantly reduce by end of 2025?
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Joe Biden•Florida•Hurricane•Milton•Helene•Biden•Tropicana Field•Department of Energy•FEMA•Hurricane Milton
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Economic reports or assessments by FEMA or state agencies
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.
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