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Small Business Funding

Biden raises alarm on disaster loan program running out [Video]

President Biden is urging Congress to approve more funding for disaster relief programs as states like Florida begin the long and costly process of recovery following Hurricanes Milton and Helene.In White House remarks, Biden called on lawmakers to approve more funding for the Federal Emergency Management Agency and the Small Business Administration, offering aid for small businesses to rebuild.”It’s going to take several billion dollars. It’s not going to be a matter of just a little bit,” President Biden said Thursday. “Congress should move as rapidly as they can, particularly on the most immediate need, which is small business.”Biden isn’t alone. Republican Florida Sen. Rick Scott echoed Biden, suggesting lawmakers return before the election to address disaster funding, particularly with the SBA. So far, there’s been no indication from House and Senate leadership on taking action until after the election.”FEMA needs to be fully funded, the SBA needs to be …

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