FEMA’s Disaster Relief Fund Is In the Red Zone

From CBS News: FEMA’s disaster relief fund hits red zone ahead of hurricane season.
“Washington — With hurricane season just weeks away, FEMA has officially entered a financial danger zone — forcing the agency to limit spending to only the most urgent, life-saving needs amid the partial government shutdown.

The move, known as Imminent Needs Funding, is triggered when FEMA’s Disaster Relief Fund drops below $3 billion.

And the timing couldn’t be worse.

“Disasters are unpredictable. They’re very costly. We don’t know what could happen between now and June 1,” said FEMA Associate Administrator Victoria Barton.

FEMA hasn’t stopped working outright, but the disaster agency must now sharply narrow how it spends federal disaster dollars — prioritizing immediate emergency response, direct aid to survivors and critical infrastructure protection, while delaying many reimbursements and longer-term recovery projects.”

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