[Weekly Compilation of Presidential Documents Volume 35, Number 44 (Monday, November 8, 1999)]
[Pages 2259-2260]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Statement on Additional Assistance for Victims of Hurricane Floyd

November 4, 1999

    Today I will seek congressional approval for $429 million in 
additional assistance for the victims of Hurricane Floyd in North 
Carolina, New Jersey, and all the States affected by this disaster. 
These are existing

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funds that will be reallocated within the Federal Emergency Management 
Agency. They will assist in the buyout and relocation of homes located 
in floodplains that remain vulnerable to future floods.
    Additionally, I continue to urge Congress to fully fund my request 
for SBA's disaster loan program that can help families and small 
businesses rebuild in the wake of hurricanes and other natural 
disasters. I have already asked Congress to provide $500 million that 
will help farmers in New Jersey and other States who have suffered 
severe crop losses due to drought and flooding. I urge Congress to meet 
my requests to help alleviate the suffering of those affected by 
Hurricane Floyd.