Monday, October 7, 2024

FEMA's $8 BILLION BUDGET BUMBLING

 Last October, President Biden requested $23.5 billion in disaster aid funds, including $9 billion for FEMA.

The agency’s disaster relief fund had a $6 billion deficit as of a July 31 Office of Inspector General report.

$8.3 Billion of Disaster Funds Stuck in Purgatory | Waste of the Day | Jeremy Portnoy, OpenTheBooks.com | RealClearInvestigations Disaster Relief Fund in Danger After $104 Billion in COVID Spending | Waste of the Day | Adam Andrzejewski, OpenTheBooks.com | RealClearInvestigations What If I Told You FEMA Had $8B Sitting in Bank Accounts that the Agency Still Hasn’t Used?

As the nation continues to process the wreckage and tragic death toll from Hurricane Helene, yet another storm — Hurricane Milton — is set to make landfall at midweek.

The agency has $8.3 billion in “unliquidated obligations” set aside to help victims of storms from before 2012!

As it stands, Homeland Security Secretary Mayorkas has said FEMA doesn’t have enough funding to last through hurricane season.

That’s according to a Homeland Security Office of Inspector General report titled “FEMA’s Inadequate Oversight Led to Delays in Closing Out Declared Disasters.” This is money that FEMA has promised to spend, but it’s unclear when or if it will actually help American families.

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