Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 51 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Obama asks for $60.4b in Superstorm Sandy aid
December 08, 2012
 Print    Send to Friend

WASHINGTON: President Barack Obama asked Congress on Friday for $60.4 billion in federal aid for New York, New Jersey and other states hit by Superstorm Sandy in late October. It's a disaster whose cost is rivaled only by the Sept. 11, 2001 attacks and the 2005 Hurricane that devastated New Orleans and the Gulf Coast.

Obama's request adds a huge new to-do item to a congressional agenda already packed with controversy on how to resolve America's budget woes and avoid the so-called fiscal cliff.

The measure blends aid for homeowners, businesses and state and local government walloped by Sandy and comes with just a few weeks to go before Congress adjourns.

Whether it passes this month or gets delayed in whole or part until next year is unclear. Most of the money — $47.4 billion — is for immediate help for victims and other recovery and rebuilding efforts. There's another $13 billion for mitigation efforts to protect against future storms.

The late October storm flooded parts of the East Coast when it roared ashore, creating a storm surge that left parts of New York City underwater and millions of people in several states without heat or electricity for weeks.

Associated Press

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
 
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright