$3 billion disaster fund being used up
WASHINGTON — The federal government has — for now — enough disaster aid money to deal with the immediate aftermath of Hurricane Harvey, but the ongoing storm appears sure to require a multibillion-dollar recovery package as did Hurricane Katrina and Superstorm Sandy.
The Federal Emergency Management Agency's disaster fund currently contains more than $3 billion, but FEMA on Monday said response to Harvey is “quickly drawing down” disaster balances.
An infusion of more FEMA money will be needed soon, given the magnitude of the storm. The Republican-led Congress is likely to add a package of aid to a temporary spending bill to prevent a government shutdown Oct. 1. Harvey also seems certain to require a larger recovery package as did storms Katrina and Sandy, but it's way too early to guess how much will be required with floodwaters rising in Houston and the nation's fourth-largest city essentially paralyzed.
The upcoming aid package is yet another item for a packed September agenda in Washington that includes preventing a government shutdown, making sure the government doesn't default on its debt obligations, and laying the groundwork for overhauling the tax code.
The administration says it will make sure Texas gets what it needs.
Last week, President Donald Trump threatened a government shutdown if he didn't get his $1.6 billion request to begin building a U.S.-Mexico border wall.
