Congress unveils funding deal with more than $100 billion in disaster aid
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Congressional leaders have unveiled a stopgap spending bill that will keep the federal government funded through March 14 and provide more than $100 billion in emergency aid to help states and local communities recover from Hurricanes Helene and Milton and other natural disasters. Rep. Glenn Thompson, the Republican chairman of the House Agriculture Committee, said he was hoping for more economic relief for farmers, but “it’s a great start.” “I think it’s going to send the right signal to the markets that most farmers and ranchers are going to be able to get eligible for the credit they need to borrow in order to plant a crop or raise a herd,” Thompson said. President Joe Biden has sought about $114 billion in disaster aid, submitting a $99 billion request in November, telling lawmakers the funding was “urgently needed.” The administration subsequently updated its request to include funding to repair federal facilities damaged due to natural disasters.