NJ Seeks $37B in Federal Aid for Sandy Recovery

Wednesday, Nov 28, 2012  |  Updated 5:09 PM EDT
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Residents of a flood-wrecked home in Point Pleasant Beach N.J. offer encouragement to fellow victims of Sandy on Monday, Nov. 5.

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Cuomo: Sandy Cost NY $32B in Damage, Loss

Mayor Bloomberg plans to ask for $9.8 billion in federal funding to reimburse government agencies and private businesses. Government Affairs Reporter Melissa Russo reports.
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Gov. Chris Christie is asking for nearly $37 billion in federal aid to recover and rebuild after Sandy.

Christie announced the revised total Wednesday to include $7.4 billion to cover mitigation and prevention of future disasters. A preliminary total of $29.4 billion announced last week is for repairs and response.

Christie is requesting that amount, which is greater than his state's entire yearly budget, from the federal government.

Christie says more than 30,000 homes or businesses were destroyed or sustained substantial damage from last month's storm; 230,000 New Jerseyans have registered for Federal Emergency Management Agency assistance.

 

This week Gov. Andrew Cuomo said Sandy ran up a bill of $32 billion in New York. Mayor Bloomberg said New York City alone suffered $19 billion in losses.

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