Gov. Andrew Cuomo is now estimating the cost of recovering from Superstorm Sandy at $30 billion.
Cuomo’s estimate comes at a difficult time for Washington because of the dwindling funds left in the account of the Federal Emergency Management Agency. Compounding the problem is the congressional effort to avoid the fiscal “cliff” that requires significant spending cuts by the end of the year.
The Cuomo administration has gained the public support of President Barack Obama and FEMA in New York’s proposal for full reimbursement for storm damage, but state officials have privately worried about how much the state can get at this time.
States typically get 75 percent reimbursement for the cost of governments to restore mass transit and other services after a disaster.
Gov. Andrew Cuomo is now estimating the cost of recovering from Superstorm Sandy at $30 billion.
Cuomo’s estimate comes at a difficult time for Washington because of the dwindling funds left in the account of the Federal Emergency Management Agency. Compounding the problem is the congressional effort to avoid the fiscal “cliff” that requires significant spending cuts by the end of the year.
The Cuomo administration has gained the public support of President Barack Obama and FEMA in New York’s proposal for full reimbursement for storm damage, but state officials have privately worried about how much the state can get at this time.
States typically get 75 percent reimbursement for the cost of governments to restore mass transit and other services after a disaster.
