Vince welcomes Richard Lewelling from The Weather Channel to the program to discuss the damage from Hurricane Ian and the effects its now having on the Carolinas. ABC says Ian could end up costing $65 Billion:
In all, the economic damage wrought by the hurricane could reach up to $65 billion, according to a projection released on Thursday by data firm Enki Research, which studies the financial impact of storms.
The estimate put the best-case scenario for storm damage at $55 billion, Enki Research said. The projected costs for Hurricane Ian would amount to less than half of the damage caused by Hurricane Katrina, which totaled $161 billion.
The government will also be providing support to people with destroyed or damaged homes. More than 8,700 people have registered for aid from the Federal Emergency Management Agency, or FEMA. On Wednesday, the then-Category 4 hurricane sustained wind speeds of 150 mph as it made landfall on Florida’s west coast.
Also, with the cost of living rising steadily, those that live paycheck to paycheck are especially financially vulnerable.
Plus, Faith Focus Friday.