In response to the devastating wildfires sweeping through Southern California, President Joe Biden announced on Monday that people impacted by the fires will receive a one-time stimulus payment of $770. The payment is intended to help affected individuals purchase essential items such as water, baby formula, and prescriptions. However, the announcement has sparked criticism and frustration, with many Californians expressing that the amount is not sufficient to meet the extensive needs of those who have lost homes, belongings, and livelihoods.
The wildfires, now among the worst in California’s history, have caused widespread destruction, including thousands of homes, businesses, and landmarks. Private forecasters estimate the damage could result in economic losses between $250 billion and $275 billion. The recovery process will be long and challenging, with rising property insurance premiums looming for many residents as they rebuild their lives.
Biden had previously approved a major disaster declaration for Los Angeles County, making federal funds available for temporary housing, home repairs, and low-cost loans to help individuals and business owners recover. Additionally, the federal government will pay 100% of the response costs for the next six months.
As of Monday, nearly 6,000 people had registered to receive the $770 payment, with $5.1 million already distributed. The president encouraged those eligible to apply through DisasterAssistance.gov or by calling 1-800-621-3362.
This stimulus payment comes as a critical lifeline for many affected by the wildfires, but critics argue it falls short of addressing the scale of the disaster and the urgent needs of California residents.