Too many disasters and not enough disaster money.

I'm David Brancaccio, the Small Business Administration's disaster loan program has run dry.

That means the feds can't make new low-interest loans to help

people rebuild after hurricanes Helene and Milton. Marketplace's Nancy

Marshall Genser reports. The Small Business Administration says it won't be able to make any new disaster loans

until Congress appropriates more money.

The SBA had warned that funding would run out because of increased demand from Hurricane

Helene. But members of Congress are out

campaigning and they're not scheduled to be back in session until the week after the

November election. The Small Business Administration is still encouraging individuals and small business

owners to apply for disaster loans so the loan money can be dispersed quickly after Congress is back.

The SBA says it's already made about $48 million in loan offers to Hurricane Helene survivors.

It got more than 12,000 loan applications for Hurricane Milton.

Homeowners, renters, non-profits, and business owners are eligible for the low-interest

loans. The money can be used for repairs, debris removal, or to make up for lost business

revenue from the storms. I'm Nancy Marshall Genser for Marketplace.

One piece of California's highest in the nation gas prices, limited refineries, and if one goes out up spikes the price in a first the state will

now require refineries to keep a reserve of finished gasoline his marketplace

is nova saffo right now the average price of regular unleaded gasoline around the country is $3.20

according to AAA. In California it's 467 and the state also is plagued with gas price spikes.

California Governor Gavin Newsom in signing a bill that imposes new requirements

to try to at least keep the state's gas prices stable

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