Thursday, November 01, 2012

New York expects you to pay to 100% of their damage

The federal government normally pays 75 to 90%. But Governor Andrew Cuomo says he can't afford 10%.

Yes. His state is a mess. State debt is $13,000 per person - highest in the nation. But I didn't make the mess, Cuomo, you did. Go ahead, Cuomo, just continue borrowing.


NEW YORK/WASHINGTON (Reuters) - New York state on Wednesday asked the U.S. federal government to pay all the costs of cleaning up and repairing damage from massive storm Sandy that tore through the Northeast this week and crippled New York City.

Governor Andrew Cuomo said he is asking fellow Democrat, President Barack Obama, to pay 100 percent of the estimated $6 billion bill, at a time that state and local government budgets remain constrained by a weak economic recovery.

That would be a significant change from last year when the federal government covered about 75 percent of the $1.2 billion cost paid by New York to clean up after storm Irene hit the region.

The two U.S. senators from neighboring New Jersey, the other state hit hardest by the storm, also asked that the federal government cover more than the usual share of the cost, given the size of the disaster and the financially strapped local coffers. ...

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