Contact Us

Recovery from “Sandy” May Cost $100 BILLION

Gov. Christie asks for $37 Million for aid after Superstorm – Jeff Zelevansky / Getty Images

The numbers are coming out as far as the amount of money it will take to recover from the wake of Sandy’s damage, and the total could reach or even exceed $100 Billion.

In his first major act since announcing his seeking re-election for governor in The Garden State, Chris Christie has asked the federal government for nearly $37 billion in aid to help New Jersey recover and rebuild.  The Press of Atlantic City got the breakdown of the money distribution: $7.4 Billion to cover mitigation, protection and prevention of future disasters, along with a preliminary amount of $29.4 Billion to cover repairs and response.

Over in New York, Gov. Andrew Cuomo is looking for about $42 Billion from the federal government – $32.8 Billion (estimated) to repair housing, parks and infrastructure, plus coverage of lost revenue and “other expenses”, along with $4.9 Billion for mitigation.

These numbers could increase with further information.  Factor in other states (like Maryland and Connecticut for example) who may file for government aid, and you could see the cost of recovery exceed $100 Billion.

Christie seems hopeful that the government will respond favorably to the needs of N.J. and N.Y., the same way it provided aid to Louisiana, Mississippi and Texas after Hurricane Katrina.


Best of SoJO 104.9

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Friends With Benefits quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Friends With Benefits contests, events, coupons, presales, and much more delivered to you for FREE.