Hurricane Milton updates: 16 dead across Florida in storm's aftermath

President Joe Biden said experts’ early estimates found that the damage from Hurricane Milton is around $50 billion.

“We're gonna do everything we can to let you, help you, pick back up the pieces and get back to where you were,” Biden said Friday.

The president reiterated his call for lawmakers to return to Washington to pass certain additional disaster aid funding, though said he hasn't yet spoken to House Speaker Mike Johnson

"I've spoken to Republicans who want to speak with Speaker Johnson, and I think Speaker Johnson is going to get the message that he's got to step up, particularly for small businesses," Biden said.

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11:11

Biden calls storm misinformation 'disgusting'

President Joe Biden provides an update on the federal response to hurricanes Milton and Helene.

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FEMA’s Disaster Relief Fund has "enough money to support the immediate needs for everybody impacted by Helene and Milton," however, it "does not have enough money to continue recoveries for everything that I have through the entire fiscal year," FEMA Administrator Deanne Criswell told reporters Friday after assessing damage in Florida.

FEMA is assessing every day how much money is being spent, but eventually, Criswell said she will need an additional supplemental spending bill to be passed by Congress.

"We will need one, it's just a matter of when," she said.

Criswell noted that Florida Gov. Ron DeSantis submitted a request for an expedited disaster declaration for Hurricane Milton.

"We are going to put that through our system as quickly as possible so we can continue to bring the necessary resources to all Floridians that have been impacted by this event," she said.

Criswell said managing two back-to-back storms does complicate recovery efforts.

"It will be challenging, but we have done this before, and we're just going to have to continue to work with each person as they're working through understanding what they experienced from Helene, what they experienced from Milton, so they can get everything that they're eligible for," she said.

-ABC News’ Beatrice Peterson

Video captured the moments deputies rescued eight people, including a child, from a house submerged in over 6 feet of floodwater in Dover, near Tampa, the Hillsborough County Sheriff’s Office said.

The entire family was safely evacuated, the sheriff’s office said.

Milton wreaked havoc on Hillsborough County, which encompasses Tampa, bringing over 1 foot of torrential rain, significant flash flooding and rough winds that downed trees and wires, Hillsborough County Fire Rescue Chief Jason Dougherty said.

2:13

Milton ‘caused havoc’ on our community: Hillsborough fire chief

Chief Jason Dougherty of the Hillsborough County Fire Rescue discusses his biggest concerns in the wake of Hurricane Milton.

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Over 700 people were rescued on Thursday, Dougherty told ABC News Live.

And he warned that the danger isn’t over.

"Now we’re seeing our rivers crest, so that’s becoming a challenge, as well. So even as the storm has passed by, we’re still having rising waters," he said.

Dougherty urged residents to stay home and avoid surveilling the damage.