Latest flood relief bill leaves businesses underwater
The Republican-led North Carolina General Assembly took its second step in flood recovery on Oct. 24, designating from the state’s $4.4 billion Rainy Day Fund an additional $604 million in funding and resources for disaster recovery in response to Hurricane Helene — far less than the $3.9 billion the state’s Democratic Gov. Roy Cooper wanted, and with little real help to businesses that can’t afford to take out more loans.