FEMA is about to run out of money and Irma hasn't even hit yet
With Hurricane Harvey still visible in our rearview mirror, Hurricane Irma bearing down on Florida, and Hurricane Jose looming out in the Atlantic, now's probably not a great time to hear that the Federal Emergency Management Agency (a.k.a. FEMA) is about to run out of money.
And yet, according to Bloomberg, FEMA will likely be out of money by Friday, before Irma's impact is even felt in Florida.
Per Bloomberg:
And of the $1.01 billion in the fund on Tuesday, only $541 million was "immediately available" for Harvey relief, reports Bloomberg. Read more...
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FEMA is about to run out of money and Irma hasn't even hit yet
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Friday, September 08, 2017
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