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AP sources: President Obama to ask for $50 billion in Sandy aid



Published: Wed, December 5, 2012 @ 1:00 p.m.

WASHINGTON (AP) — Democrats on Capitol Hill say President Barack Obama is preparing to ask Congress for about $50 billion in additional emergency aid for states hit by Superstorm Sandy.

Two Senate Democratic officials offered up that figure today, saying the final number is still being worked out. The price tag could be anywhere between $45 billion and $50 billion. The officials spoke on the condition of anonymity, citing the administration's continuing work in preparing the emergency aid request.

Housing Secretary Shaun Donovan told a Senate Appropriations subcommittee there is no final number yet.

The late-October storm was one of the worst ever to strike the Northeast. So far, the government has distributed about $2 billion in aid to 11 states. New York, New Jersey and Connecticut are seeking another $83 billion.


Comments

1redeye1(4696 comments)posted 2 years ago

Where the hell does this arsehole think we are going to get the money? We are BROKE as a country! Oh thats right he will have more money just printed. If I was member of the GOP I would say NO until we fix the deficit problem.

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