The homes along this Midland Beach neighborhood have piles of trash and belongings placed outside. (Nov. 2012)
NEW YORK (AP) - Mayor Michael Bloomberg estimates Superstorm Sandy caused a whopping $19 billion in losses in New York City. He's asking federal lawmakers to put up nearly $10 billion to reimburse both government agencies and private businesses.
The mayor's request Monday would come on top of a projected $5.4 billion from the Federal Emergency Management Agency.
Bloomberg says that money, and private insurance, won't cover all the public and private expenses from the storm. They could range from rebuilding roads to reimbursing a restaurant for lost business while power was out.
States typically get 75% FEMA reimbursement for disaster recovery. Congress sometimes authorizes additional aid.
The request comes as Congress and the White House face a Dec. 31 deadline to craft a sweeping deficit-reduction plan and avoid the so-called "fiscal cliff."
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Monday, June 17 2013 2:56 PM EDT2013-06-17 18:56:27 GMT
The New Jersey Department of Environmental Protection and a shore community will receive more than $53 million in federal reimbursement for the cost of removing debris from waterways after Superstorm Sandy.
The New Jersey Department of Environmental Protection and a shore community will receive more than $53 million in federal reimbursement for the cost of removing debris from waterways after Superstorm Sandy.
Friday, June 14 2013 8:38 PM EDT2013-06-15 00:38:50 GMT
Superstorm Sandy victims in New Jersey who are weighing whether to rebuild or relocate will soon get more information that should help them decide what to do.
Superstorm Sandy victims in New Jersey who are weighing whether to rebuild or relocate will soon get more information that should help them decide what to do.
Wednesday, June 12 2013 8:19 AM EDT2013-06-12 12:19:16 GMT
Mayor Michael Bloomberg is proposing removable flood walls for much of lower Manhattan as part of a nearly $20 billion plan to protect New York City from storms and global warming.
Mayor Michael Bloomberg is proposing removable flood walls for much of lower Manhattan as part of a nearly $20 billion plan to protect New York City from storms and global warming.
Friday, May 3 2013 6:35 PM EDT2013-05-03 22:35:57 GMT
In the six months since Superstorm Sandy the ASPCA has been patching up Cairo, a pit bull terrier mix, but he is still looking for a home. He was about five months old when he was found abandoned in Brooklyn
In the six months since Superstorm Sandy the ASPCA has been patching up Cairo, a pit bull terrier mix, but he is still looking for a home. He was about five months old when he was found abandoned in Brooklyn
Tuesday, April 30 2013 10:03 PM EDT2013-05-01 02:03:55 GMT
Ever since Superstorm Sandy devastated parts of the Jersey shore last October, officials have planned for a new system of protective sand dunes along the entirety of the 127-mile coast.
Ever since Superstorm Sandy devastated parts of the Jersey shore last October, officials have planned for a new system of protective sand dunes along the entirety of the 127-mile coast.
The homes along this Midland Beach neighborhood have piles of trash and belongings placed outside. (Nov. 2012)
