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Paying for Sandy and Future Storms

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On Friday, President Obama asked Congress for $60.4 billion in Sandy aid for New York, New Jersey and other states. Nearly $48 billion of it would go to relief, while the rest would be used for mitigation of future storms. To further help recovery efforts, two U.S. senators have also proposed billions in tax breaks, a plan modeled after a Katrina bill. Meanwhile, a relief fund set up by Gov. Cuomo has been criticized for the political nature of the board that oversees the money it raises. Many members were involved in fundraising for the governor's election campaign. In related news, a number of the area's non-Sandy related charities have seen a drop in donations since the storm hit.

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