Marketplace®

Daily business news and economic stories

First Harvey aid package for immediate needs, not long-term recovery

Congress is expected to vote tomorrow on a $7.8 billion package for aid to those hit by Hurricane Harvey. It’s a first round of funding that almost entirely goes to shoring up FEMA’s Disaster Relief Fund. That money helps reimburse local search and rescue efforts, and clean up and re-open some public services like schools […]

Congress is expected to vote tomorrow on a $7.8 billion package for aid to those hit by Hurricane Harvey. It’s a first round of funding that almost entirely goes to shoring up FEMA’s Disaster Relief Fund. That money helps reimburse local search and rescue efforts, and clean up and re-open some public services like schools or police stations. It will also go to individuals for immediate assistance for buying food or paying for temporary housing. A longer-term recovery package will likely be much bigger, and take months to put together.

Click the audio player above to hear the full story.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    8 hours ago
    25:19
  • Make Me Smart
    14 hours ago
    19:00
  • Marketplace Morning Report
    17 hours ago
    6:55
  • Marketplace Tech
    21 hours ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45