CBO Says Sandy Aid Will Take Years To Spend
Billions and billions and billions ...
Early estimates by the Congressional Budget Office indicate that only about a third of the emergency disaster aid package for Hurricane Sandy will spend out in the next 21 months, a finding which could fortify Republican resistance to quick enactment.
The White House late Friday submitted a $60.4 billion request weighted heavily with community development and transit funding to help states like New York and New Jersey recover. And the Senate Appropriations Committee is rushing to be in a position to go to the floor late this week or early next week.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?