logo
NC House lawmakers consider $500 million for Hurricane Helene relief

NC House lawmakers consider $500 million for Hurricane Helene relief

Yahoo06-02-2025

RALEIGH, N.C. (QUEEN CITY NEWS) – NC state representatives are considering an additional $500 million for rebuilding efforts in the western portion of the state after Hurricane Helene.
Members of the House Select Committee on Helene Recovery met Wednesday to discuss HB 47, a spending proposal that totals less than half of what Governor Josh Stein said is necessary to cover 'immediate needs.'
Stein visited the region Monday, calling for $1.07 billion to support urgent rebuilding needs.
The short title for the new bill is 'The Disaster Recovery Act of 2025 – Part I,' suggesting lawmakers intend to follow the legislation with more action.
4 months later: 18-wheeler cab removed from Swannanoa River as recovery efforts surge following Hurricane Helene
Committee co-chair State Rep. John Bell (R-Wayne) said the bill is a framework and 'a step forward' in the House's ongoing response to the devastation.
'We know that no matter what appropriation we're able to do, it's never going to be enough, but this is a starting point, with multiple bills after this to follow,' he said.
This is the fourth aid package from the legislature and the largest since October 2024 when elected officials allocated $600 million for the storm-affected counties.
The funds are allocated as follows:
$150 million for home reconstruction and repairs.
$150 million for agriculture restoration projects and assistance.
$100 million for private road and bridge repairs and replacements.
$60 million for repair of state facilities, including state parks and prisons.
$20 million for debris removal unmet needs.
$10 million for Volunteer Organizations Active in Disaster (VOADs).
$10 million for volunteer fire departments in the affected area.
The Republican-backed bill matches Stein's request for home reconstruction but does not include funding for two major business grant programs nor the costs to cover summer school for districts that lost about two weeks of class time.
Committee members can make amendments to the proposal when they meet on February 11.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Rounds says Trump notified congressional leaders of strikes ‘well within' 48-hour window
Rounds says Trump notified congressional leaders of strikes ‘well within' 48-hour window

The Hill

time5 hours ago

  • The Hill

Rounds says Trump notified congressional leaders of strikes ‘well within' 48-hour window

Sen. Mike Rounds (R-S.D.) said on Sunday that President Trump notified Congress of the strikes on Iranian nuclear sites 'well within' the 48-hour window defined by the War Powers Resolution. In an interview on NewsNation's 'The Hill Sunday,' Rounds pushed back against critics who say the president acted outside his constitutional authority by ordering strikes on three Iranian nuclear sites, including Fordow. 'The Constitution clearly gives the President the authority to act on our nation's behalf,' Rounds said. 'Second of all, the War Powers Act, which is in place, was responded to appropriately. They were supposed to notify congressional leaders within 48 hours. They were well within that range of notifying them of the actions were taken, so the law has been complied with. The Constitution is being complied with,' Rounds continued. Rounds said the Constitution was acting just as 'the founders wanted it to work.' 'The president is the chief. The commander in chief has the responsibility. Our founding fathers were brilliant in the way they wrote the Constitution. They understood that Congress takes a long time to act. They also understood that in times in military conflict or in times of great danger or emergencies that the president needed the authority to be able to respond quickly and effectively and decisively,' he said. 'This president did just exactly that. It is working the way the founders wanted it to work in the first place,' Rounds added. Secretary of Defense Pete Hegseth said on Sunday that congressional leaders were informed of the strikes after 'the planes were safely out' of Iranian airspace, adding that the administration's actions ''complied with the notification requirements of the War Powers Act.' Some reports have indicated that Speaker Mike Johnson (R-La.) and Senate Majority Leader John Thune (R-S.D.) were briefed about the strikes. But House Minority Leader Hakeem Jeffries (D-N.Y.) has criticized the administration for not seeking Congressional approval and has called for Congress to be 'fully and immediately briefed' on the strikes in a classified setting, in a statement shortly after the attacks.

Oracle Full Year 2025 Earnings: In Line With Expectations
Oracle Full Year 2025 Earnings: In Line With Expectations

Yahoo

time8 hours ago

  • Yahoo

Oracle Full Year 2025 Earnings: In Line With Expectations

Revenue: US$57.4b (up 8.4% from FY 2024). Net income: US$12.4b (up 19% from FY 2024). Profit margin: 22% (up from 20% in FY 2024). The increase in margin was driven by higher revenue. EPS: US$4.46 (up from US$3.82 in FY 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations. The primary driver behind last 12 months revenue was the Cloud and License segment contributing a total revenue of US$49.2b (86% of total revenue). The largest operating expense was Research & Development (R&D) costs, amounting to US$9.86b (35% of total expenses). Explore how ORCL's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Performance of the American Software industry. The company's shares are down 4.7% from a week ago. Before you take the next step you should know about the 2 warning signs for Oracle that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤

Republicans line up behind Trump after strike on Iran — with few detractors
Republicans line up behind Trump after strike on Iran — with few detractors

The Hill

time19 hours ago

  • The Hill

Republicans line up behind Trump after strike on Iran — with few detractors

Republicans on Capitol Hill quickly lined up behind President Trump after he announced that the U.S. conducted a strike on three Iranian nuclear facilities, a strong show of support for the White House with few detractors inside the GOP. Trump announced on Truth Social just before 8 p.m. EDT on Saturday that the U.S. 'completed our very successful attack on the three Nuclear sites in Iran,' including Fordow, the nuclear site hidden in a mountain south of Tehran. He is scheduled to address the nation from the White House at 10 p.m. Republican leaders in the House and Senate backed the action, which had become a debate of sorts in Washington — especially among GOP — since Israel struck Iranian nuclear facilities earlier this month in what it called a 'pre-emptive' attack. 'The military operations in Iran should serve as a clear reminder to our adversaries and allies that President Trump means what he says,' Speaker Mike Johnson (R-La.) wrote in a statement on X. 'The President gave Iran's leader every opportunity to make a deal, but Iran refused to commit to a nuclear disarmament agreement. President Trump has been consistent and clear that a nuclear-armed Iran will not be tolerated. That posture has now been enforced with strength, precision, and clarity.' 'The President's decisive action prevents the world's largest state sponsor of terrorism, which chants 'Death to America,' from obtaining the most lethal weapon on the planet,' he added. 'This is America First policy in action. God bless our brave men and women in uniform – the most lethal fighting force on the planet – as we pray for their safe return home. May God bless America.' Johnson was briefed on the strike beforehand, a source familiar with the matter told The Hill. Senate Majority Leader John Thune (R-S.D.) wrote in a statement with X: 'I stand with President Trump.' 'The regime in Iran, which has committed itself to bringing 'death to America' and wiping Israel off the map, has rejected all diplomatic pathways to peace. The mullahs' misguided pursuit of nuclear weapons must be stopped,' he said. 'As we take action tonight to ensure a nuclear weapon remains out of reach for Iran, I stand with President Trump and pray for the American troops and personnel in harm's way.' Senate Intelligence Committee Chairman Tom Cotton (R-Ark.) and House Intelligence Committee Chairman Rick Crawford (R-Ark.), similarly, backed Trump after the strike and applauded him for making the 'right call.' 'Iran has waged a war of terror against the United States for 46 years. We could never allow Iran to get nuclear weapons. God bless our brave troops. President Trump made the right call and the ayatollahs should recall his warning not to target Americans,' Cotton wrote on X. 'As I have said multiple times recently, I regret that Iran has brought the world to this point,' Crawford echoed in a statement. 'That said, I am thankful President Trump understood that the red line — articulated by President of both parties for decades — was real. The United States and our allies, including Israel, are making it clear that the world would never accept Iran's development of a nuclear weapon.' While the majority of Republicans backed Trump in the wake of the strike, there were some GOP detractors on Capitol Hill. Rep. Thomas Massie (R-Ky.), who has been advocating for the U.S. to avoid intervention in the Israel-Iran conflict, wrote on X minutes after Trump announced the offensive: 'This is not Constitutional.' Massie helped lead a bipartisan war powers resolution to prohibit U.S. involvement in the Middle East dispute. Rep. Warren Davidson (R-Ohio) suggested that the move was unconstitutional. 'While President Trump's decision may prove just, it's hard to conceive a rationale that's Constitutional. I look forward to his remarks tonight,' he wrote on X. Trump's decision to strike a trio of Iranian nuclear sites came after a week of debate on Capitol Hill over whether the U.S. should take action in Iran after Israel launched an attack on Iran, prompting a back-and-forth between the two countries. Trump on Thursday said he would decide whether to take action within the next two weeks. 'Based on the fact that there's a substantial chance of negotiation that may or may not take place with Iran in the near future, I will make my decision whether or not to go in the next two weeks,' Trump said in the statement read by White House press secretary Karoline Leavitt. The big question had been whether the U.S. would deploy a large bomb known as a 'bunker buster' to strike the Fordow facility, which is underground. While some lawmakers advocated for the move, others — including some of the president's most vocal supporters on the right-flank — pushed against the U.S. directly getting involved in the conflict. Rep. Marjorie Taylor Greene (R-Ga.), for example, said 'Me and my district support President Trump and his MAGA agenda, it's what we voted for in November, and foreign wars weren't a part of it.' On Saturday night, she offered prayers for the safety of U.S. troops and Americans in the Middle East. 'Let us pray that we are not attacked by terrorists on our homeland after our border was open for the past 4 years and over 2 Million gotaways came in.🙏 Let us pray for peace. 🙏,' she added. But across the GOP conferences on Capitol Hill, Republicans were quick to back the move by the president. 'Our commander-in-chief has made a deliberate —and correct— decision to eliminate the existential threat posed by the Iranian regime,' Senate Armed Services Committee Chairman Roger Wicker (R-Miss.) wrote in a statement on X. 'We now have very serious choices ahead to provide security for our citizens and our allies and stability for the middle-east. Well-done to our military personnel. You're the best!' House Majority Whip Tom Emmer (R-Minn.), the No. 3 House Republican, said Trump 'was right then, and he is right today: NOW IS THE TIME FOR PEACE.' 'A nuclear Iran posed a threat to the Middle East and to the world. @POTUS has been consistent that this dangerous regime should NEVER possess a nuclear weapon,' he added in a statement on X.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store