October 11, 2024: How to spend $9 billion in 8 days

Tom Frank, the climate finance editor for POLITICO’s E&E News, sheds light on the staggering $9 billion FEMA expenditure just days into the fiscal year, primarily due to Hurricanes Helene and Milton. The conversation tackles the increasing frequency of natural disasters and their financial implications. Frank discusses the challenges FEMA faces in budgeting for unpredictable climate events and the political hurdles Congress must overcome to secure necessary funding. Can America adapt to the age of superstorms?