White House to submit $45 billion disaster request Friday
Associated Press
WASHINGTON (AP) — The White House is sending Congress an approximately $45 billion disaster aid request Friday that will fall short of demands from hurricane-slammed Texas, Florida and Puerto Rico.
Congressional aides briefed on the request required anonymity to discuss it in advance of its release.
The request, President Donald Trump's third since hurricanes Harvey, Irma and Maria slammed the Gulf Coast and Caribbean, would bring the total appropriated for hurricane relief this fall close to $100 billion.
But Friday's measure won't contain much money for Puerto Rico, as the administration awaits estimates. Gov. Ricardo Rossello has requested $94 billion, including $18 billion to rebuild the island's power grid and $31 billion for housing. The White House anticipates sending another request focused on the needs of the island territory but hasn't indicated when that would be.
Texas and Florida are also sure to be disappointed. Texas Gov. Greg Abbott submitted a $61 billion request to Trump last month for Harvey-related damages, including ambitious requests for flood control and navigation projects. The Florida congressional delegation has asked for $27 billion.
Sen. John Cornyn, R-Texas, said his office has been briefed on the measure, which he called "wholly inadequate."
Late Thursday, Trump approved a disaster declaration for Alabama, ordering federal assistance to areas damaged by Hurricane Nate in early October.
BRIEF: Ottumwa man sentenced in federal fraud case
He’s a sex predator and repeat felon. But he’ll pay a bigger price for small-time scam.
Advisor News
- Wealth planning vs. estate planning: Honoring your client’s wishes
- What to discuss during the first retirement planning meeting
- Inflation, competing priorities and uncertainty erode retirement security
- As health premiums rise, 1 in 8 workers cut retirement savings
- CT governor’s candidates claims: What’s true, and what’s misleading
More Advisor NewsAnnuity News
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
- Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity NewsHealth/Employee Benefits News
- Pennsylvania Health Plans Must Cover Colon Cancer Screening at 45
- In Miami-Dade court, health insurer fights an order to cover $48,500 cancer drug
- Fed judge blocks Medicaid work requirement rule
- Health insurers leave millions unpaid for mental health crisis care in California
- Commissioner places Mending Health in conservatorship
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
- FINANCIAL FRAUD
- Security Benefit Announces Planned Dividend Rate Reset for Series B Preferred Stock
- Palmetto Heritage and Atlantic Coast Life Announce Discussions Regarding Potential Acquisition
- Jury finds insurance company acted in bad faith, awards Nebraska woman $11.3M
More Life Insurance News